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Wind Power Project
EIB to Fund Ørsted’s Wind Energy Projects
The 752 MW Borssele 1 & 2 wind farms count 94 wind turbines which, through inter-array cabling, transfer their energy to an offshore substation before reaching …
Smart Grid
Iberdrola and EIB Sign Loan Agreement for Spanish Electricity Infrastructure
The loan is intended to help improve the reliability, efficiency and security of Spain's renewable energy supply.
Energy Investment
Iberdrola, EIB Sign €550m Spanish Smart Grid Loan
The European Investment Bank and Iberdrola have signed a €550m green loan agreement to support the development, modernisation and digitalisation of the company…
Solar Power Plant
CPC Emblem Displayed at Solar Thermal Power Plant Shows Romance in Hardcore Technology: Netizens
A video of a solar thermal power plant sending blessings on the 100th anniversary of founding of the Communist Party of China went viral on China's Twitter-like…
Oil Field
China's First Solo-Operated Deepwater Gas Field Starts Production
Shenhai-1, meaning deepsea, is expected to produce up to 3.39 billion cubic meters of gas every year, or roughly 2% of China's total gas output, the energy majo…
Geothermal Power Plant
EIB Approves $95 million for Geothermal Power in East Africa
The European Investment Bank has approved $4.9 billion financing for renewable energy, clean transport, COVID-19 recovery, social housing and education.
Gas Turbine
Japan’s KHI Builds Hydrogen-Gas Power Unit
Japanese engineering firm Kawasaki Heavy Industries is building a small-scale power generation unit for domestic refiner Seibu Oil co-fired by hydrogen and rega…
Solar Cell
Meyer Burger Opens 400-MW Solar Module Factory in Germany
Meyer Burger Technology AG today opened a 400-MW solar module production plant in Freiberg, in the German state of Saxony, targeting to expand its capacity to 1…
Wind Power Project
Bank of Ireland and EIB Co-Finance €100m Wind Energy Project
The European Investment Bank is partnering with the Bank of Ireland to co-finance a €100 million wind energy farm project.
Energy Investment
Portugal to Leverage EIB Support to Develop Hydrogen Economy
A Memorandum of Understanding signed between the Portuguese government and the European Investment Bank is expected to help the country fast-track the deploymen…
Geothermal Power Plant
Permit Revoked for Geothermal Project Near Freiburg, Germany
The regional council of Freiburg has revoked the permit of Geysir Europe GmbH to explore for geothermal energy and brine in Neuried near the city of Freiburg in…
Electric Car
EIB Funds Installation of 470 EV Chargers in Spain
The European Investment Bank has issued €50 million in funding for the installation of electric vehicle charging infrastructure in Spain.
Oil Field
CNOOC Starts Infill Campaign in South China Sea
Chinese oil and gas company CNOOC Limited has started drilling operations on two infill wells located on the Weizhou 6-12 fields in the Beibu Gulf offshore Chin…
Energy Infrastructure
Czech Republic: €190 Million EIB Loan to Modernise Energy Transmission Infrastructure
State-owned energy transmission system operator CEPS has secured a €190 million ($229 million) loan from the European Investment Bank to strengthen its infrast…
Energy Investment
Jordan to Leverage €1.4 million EIB Grant to Boost Municipal Efficiency Programmes
In Jordan, the European Investment Bank has signed an agreement with Cities and Villages Development Bank to support the implementation of the CVDB – Municipal…
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