european investment bank

Major European lender backs plans by developer IM2 of 15 new plants in Southern state, the latest solar move for bank vowing not to sponsor fossil fuel ventures going forward.

European Investment Bank approves support to 218MW PV portfolio in Spain after drawing global headlines with vote to end funding to unabated coal, gas and others by 2021.

Financiers will each pump US$53 million into the deployment of two adjacent 40MW solar farms already being built by EPC contractor Grupotec.

European Investment Bank mulls shifting lending to batteries and market-based clean energy projects as part of policy reboot to help EU lead fight against climate change.

Funding package of US$150m will finance solar and onshore wind projects that will generate 1,900 jobs.

The EU has committed to lending €145 million (US$163 million) and the ICO up to €140 million (US$156 million) to the largest solar project under construction in Europe.

Solar PV to reap 20-35% of investments by vehicle billed as the largest renewable-only funding structure seen to date in Europe.

The German subsidiary of UK firm Oxford Photovoltaics (PV) has been awarded €15 million (~US$18 million) by the European Investment bank (EIB) to support the commercialisation of the company’s perovskite photovoltaic technology.

The European Investment Bank (EIB) will provide US$150 million to renewable energy company Enel Green Power Perú to build and operate both a wind farm and PV power plant currently under construction within the country.