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World Bank

New Thermodynamic Formula Reveals Bifacial Panels Generate 15-20% More Power

A new thermodynamic formula reveals that the bifacial cells making up double-sided panels generate on average 15-20 percent more power than monofacial cells Double-sided solar cells are already enabling panels to sit vertically on land or rooftops and even horizontally as the canopy of a gas station, but it hasn’t been known exactly how much […]

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EIB Chief Slams Automakers for Slow Response to Climate Change

EIB Chief has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. The president of the European Investment Bank, the EU’s lending arm, has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. In […]

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EIB Approves €8.1 bn for RE, Energy Efficiency, Sustainable Transport

EIB has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development around the world. The European Investment Bank (EIB) has announced that it has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development, health, and education investment across Europe and around the world. […]

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Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn

Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […]

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EIB to Finance 300 MW Solar Power Project in Spain

EIB has announced that it will invest EUR 76.5 million in one of the largest solar projects in Spain, the 300 MW capacity Talayuela solar power project The European Investment Bank (EIB), the premier investment institute in the region has made a big mark at the ongoing COP 25 climate conference in Madrid, Spain with […]

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SSE Renewables Acquires 134 MW Onshore Wind Pipeline in Germany

SSE Renewables is expanding its onshore wind pipeline through the acquisition of development rights for a 134 MW onshore wind portfolio in Germany SSE Renewables has announced that it is incrementally expanding its onshore wind pipeline through the acquisition of land and development rights to a 134 MW onshore wind portfolio in Germany from Holt […]

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Canadian Solar Announces Plan to Repurchase $150 mn in Shares

Canadian Solar has announced that its Board of Directors has authorised a USD 150 million shares repurchase program for a six month period Canadian Solar has announced that its Board of Directors has authorised a USD 150 million shares repurchase program for a six month period beginning December 9, 2019, and ending June 8, 2020.  […]

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Iberdrola Secures €690 mn Loan From EIB at COP25

At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […]

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EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects

EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […]

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