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EIB Grants €66 mn to Finance Construction of 9 Solar Projects Worth 436 MW

EIB has signed two major agreements to provide EUR 66 million to Natixis to support the implementation of two solar energy projects in Spain. The European Investment Bank (EIB) has made another investment decision at the ongoing Climate Change Conference (COP 25) in Madrid. The bank has signed two major agreements for promoting renewable energy […]

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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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Greenbacker Acquires 19 MW Solar Project in Michigan

Greenbacker has reached an agreement with Prism Power Partners to acquire a 19 MW construction-ready solar project in Michigan Greenbacker Renewable Energy Corporation has reached an agreement with Prism Power Partners to acquire Electric City Solar, a 19 MW construction-ready solar project in Michigan with a 25-year municipal off-take agreement. The transaction marks another successful […]

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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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India Needs Over Rs 4 Lakh Crore to Achieve 175 GW Renewable Target

RK Singh has said that India will need an investment of approximately Rs 4 lakh crore to achieve the balance target of its 175 GW renewable target. Minister of State for New & Renewable Energy and Power, RK Singh has said that India will need an investment in the region of approximately Rs 4 lakh […]

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Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital

Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […]

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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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BP Increases Stake in Lightsource BP to Form a 50:50 JV

The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […]

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