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EIB invests €50 million in Wenea to deploy over 470 charging stations for electric vehicles in Spain

EIB invests €50 million in Wenea to deploy over 470 charging stations for electric vehicles in Spain The fast and ultra-fast charging stations will be located along Spanish motorways, including those of the Trans-European Transport Network (TEN-T). The EIB financing of €50 million will enable the company to carry out an investment of around €100 […]

VerdeMobility Launches the First Ever Hybrid AC EV Chargers in India For Multi-Protocol Charging

EIB and LBBW provide PLN 184million each to construct four wind farms in Poland

The EIB financing is backed by a guarantee from the European Fund for Strategic Investments (EFSI), the central pillar of the Investment Plan for Europe. The European Investment Bank (EIB) and LBBW are providing PLN 184 million (approximately €42 million) each to finance the construction and operation of four wind farms in Poland’s Wielkopolskie region. […]

Study Finds Simple Way to Desalinate Water Using Solar Energy

EIB approves € 5.1 billion for COVID-19 resilience, clean energy, rail transport and urban development

EIB Group launches European Guarantee Fund COVID-19 business financing: € 2.6 billion EIB and EIF funding to mobilise € 11.3 billion investment € 1.9 billion for COVID-19 health, medical and economic resilience € 2.1 billion for private sector investment with global financing partners € 1.3 billion for clean energy, energy efficiency and water investment The […]

Study Finds Simple Way to Desalinate Water Using Solar Energy

Austria: Investment Plan for Europe – EIB finances wind farms of Windkraft Simonsfeld

EU climate bank advances €63 million Bulk of financing backed by Juncker Plan guarantee Erste Bank financing new windparks with an amount of €22 million The European Investment Bank (EIB) is providing €63 million of finance for the construction and operation of two new wind farms in Austria (Prinzendorf III and Powi V) of Windkraft Simonsfeld with […]

Study Finds Simple Way to Desalinate Water Using Solar Energy

Poland: Electric vehicle battery production in Europe gets boost thanks to EIB loan of €480 million to LG Chem Wroclaw Energy

First EIB loan to LG Chem Group and its Polish subsidiary will support the construction of manufacturing facilities for advanced lithium-ion cells and batteries for battery-powered electric vehicles The project will contribute to the clean energy transition and the shift towards electrification of the European transport industry and secure the supply of advanced li-ion batteries for European […]

For 80% of E-vehicle Owners Charging is No Hassle: Survey

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 […]

Sterling And Wilson Solar Aims to Expand Renewable Energy Products Portfolio

EIB set to finance biggest wind power infrastructure projects in Spain

These new facilities will have a total capacity of 547 MW and will generate approximately 1.491 GWh of energy a year overall, a volume equivalent to the power use of 360 000 Spanish homes. · The EU bank will provide up to EUR 385m to Alfanar, successful bidder in Spain’s third renewable energy auction. · […]

Tata Power – DDL Among the First Utilities in the Country to Meet 100% Renewable Purchase Obligation Compliance

ENGIE and partners sign contracts for 60 MW solar PV projects in Senegal

ENGIE was selected as preferred bidder by Senegal’s Electricity Sector Regulation Commission (CRSE) in a tender launched in October 2017. ENGIE (ENGIE.com) and partners Meridiam and FONSIS have signed the EPC, Operation & Maintenance and Finance contracts for two solar PV projects of 60 MW. The total investment cost for the projects amounts to 47.5 […]

Sterling And Wilson Solar Aims to Expand Renewable Energy Products Portfolio

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 […]

Study Finds Simple Way to Desalinate Water Using Solar Energy