In Short : The European Investment Bank (EIB) is set to strengthen India’s green transition by supporting renewable energy, sustainable infrastructure, and climate-focused projects. Through financing and technical assistance, EIB aims to accelerate India’s shift toward low-carbon energy, enhance energy efficiency, and promote environmental sustainability. This collaboration reinforces India’s commitment to achieving net-zero targets and […]
EIB provides €150M in financing for renewable energy investment in Bhutan – EQ
In Short – EIB extends €150M financing to bolster renewable energy investment in Bhutan, catalyzing sustainable development, enhancing energy security, and fostering green growth in the region, marking a significant stride towards climate resilience and clean energy transition. In Details – Bhutan is highly vulnerable to the impact of climate change and is committed to […]
EIB approves €4.3 bn in transition funding, including €805 mn for clean power – EQ
In Short : “The European Investment Bank (EIB) greenlights €4.3 billion in transition funding, allocating €805 million towards clean power projects, reaffirming its commitment to supporting sustainable energy initiatives and combating climate change.” In Detail : The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region’s transport […]
Value of EIB local weather finance to Tajikistan will increase – EQ
In Short : The value of European Investment Bank (EIB) local weather finance to Tajikistan has increased, signifying a significant step towards tackling climate change in the region. This boost in funding will enable Tajikistan to implement sustainable initiatives, develop clean energy solutions, and enhance climate resilience. The EIB’s continued support will play a vital […]
The European Investment Bank (EIB) has given its approval for a framework financing plan of €1.7 billion to support Solaria – EQ
The European Investment Bank (EIB) has granted approval for a framework financing of €1.7 billion to support Solaria’s renewable energy project. This substantial funding demonstrates the EIB’s commitment to advancing clean energy initiatives and sustainability. By providing significant financial backing, the EIB is facilitating the development and expansion of Solaria’s renewable energy projects, contributing to […]
Report Suggests EIB Could Announce 500 Million Euro Funding for Renewable Energy Sector
The EIB had committed to investing one billion euros in India’s green hydrogen sector earlier in 2023. “EIB is working on important negotiations towards the first phase of its investments in renewable energy. We are going to invest not just in green hydrogen but in onshore windmills and solar panels sector,” CNBC-TV18 quoted EU Investment […]
EIB, Iberdrola sign €1 billion loan to accelerate energy transition in Europe – EQ Mag
The operation is part of the EIB’s financing package in support of REPowerEU, the EU plan to strengthen Europe’s energy autonomy. The European Investment Bank (EIB) and Iberdrola have signed a new financing agreement worth €1 billion to fast forward the energy transition in Europe by building an extensive network of 19 solar power plants […]
EIB approves loan of $83.6 million for Uzbekistan’s solar programme to develop photovoltaic plants with the region’s largest total output – EQ Mag
Together with the Asian Development Bank, the Asian Infrastructure Investment Bank and the European Bank for Reconstruction and Development, the EIB will provide a collective $396.4 million to finance the construction and operation of three solar photovoltaic plants with a total output of 897 MWac. This will increase the electricity supply and reduce the need […]
India: EIB backs green hydrogen deployment and joins India Hydrogen Alliance – EQ Mag
EIB and India Hydrogen Alliance to bring industry, investors and government agencies together on green hydrogen hubs and projects Indicative funding of €1 billion for large-scale projects in the public sector EIB working with the Indian government on a credit facility to provide critical public-sector investments supporting the development of the green hydrogen industry Today […]
EIB Global to support Vietnam’s efforts to decarbonise electricity sector – EQ Mag
EIB Vice-President Kris Peeters and Vietnam Electricity Chairman Duong Quang Thanh have signed a memorandum of understanding paving the way for an increased EIB contribution to sustainable electricity generation. The EIB-EVN memorandum of understanding calls for strengthened cooperation to support Vietnam’s energy transition towards decarbonisation. Today, EIB Vice-President Kris Peeters welcomed Vietnamese Prime Minister Phạm […]
