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EIB agrees to finance construction and operation of new solar plants in Kenya

The new Radiant and Eldosol projects are amongst the first to generate utility-scale solar power in East Africa. The European Investment Bank and FMO, the Dutch entrepreneurial development bank, have agreed to finance the construction and operation of two new solar photovoltaic plants in Kenya. EIB and FMO will each provide USD 53 million for […]

Construction of 5 solar parks underway across Iran -EQ

Agreement signed to generate clean energy through rooftop PV system in West Bank

The EIB’s investment, which falls under the Economic Resilience Initiative (ERI) will generate 35 MW of clean energy enough to power more than 16000 houses across the West Bank. The European Investment Bank (EIB) and the Palestine Investment Fund (PIF) have signed a loan agreement worth USD 18 million to finance the installation of rooftop […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ