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GE and Green Investment Group Team Up for 650MW Swedish Onshore Wind Project
GE Renewable Energy and the Green Investment Group are teaming up to deliver a 650MW wind project in Sweden, having acquired what they claim will be one of the largest single-site onshore...
ENGIE To Develop 55 Megawatt Mongolian Wind Farm With EIB Investment
French utility ENGIE has announced that it will develop and operate its first renewable energy project in Mongolia, the 55-megawatt Sainshand wind farm, which will also benefit from $120 million in financing...
Korea Development Bank Issues $300 Million Green Bond For Renewable Energy Projects
The Korea Development Bank has issued its first green bond aimed at funding implementation and expansion of renewable energy projects.
The Bank raised $300 million from investors in Asia, Europe, and the United...
EBRD, EU and Partners Support Energy Efficiency Investments in Western Balkans
European Commission provides €30 million grant to regional programme.
The European Bank for Reconstruction and Development (EBRD) and the European Commission (EC) are stepping up their joint efforts to promote energy efficiency across...
Deutsche Bank Vows to End New Coal Lending, in Line with Paris Agreement
The Paris Agreement and the global divestment campaign has secured one of its biggest victories to date, after banking giant Deutsche Bank announced it would halt investment in new coal projects in...
EU and European Bank for Reconstruction and Development Agree to Invigorate Energy Cooperation
A new Memorandum of Understanding to enhance energy cooperation between the EU and the European Bank for Reconstruction and Development (EBRD) has been signed in London today by EU Commissioner Arias Cañete...
European Support for Cheaper and Cleaner Heat and Power in Lithuania
The European Investment Bank (EIB) has signed a EUR 190 million loan agreement with Lietuvos Energija for the greenfield construction of new combined-heat-and-power (CHP) plant in Vilnius. The project is expected to...
EIB Agrees New Investment Totalling EUR 7.4 Billion
The Board of Directors of the European Investment Bank approved EUR 7.4 billion of new financing for 38 projects across Europe and around the world. Negotiations for the approved loans are expected...
Investment Plan for Europe: EIB support Helsinki’s “second city centre”
The European Investment Bank (EIB) has signed a loan agreement with YIT of Finland, in support of energy efficiency in an urban development project in Helsinki. The loan is guaranteed under the...
Croatia Adopts Key Laws to Modernize the Energy Sector
The Croatian Parliament has held a significant session during which key legislative acts were adopted, marking an important step forward in the modernization of the energy sector, consumer protection, and the strengthening...
Serbia’s Most Important Energy and Environmental Projects in 2024
In 2024, Serbia continued its path toward energy transition, sustainability, and a healthier environment.
One of the first steps was the decision to double the funds allocated for the energy rehabilitation of public...
Germany Acts to Ensure Level Playing Field and Data Security in Wind Energy
The German Economy and Energy Ministry issued a five-point Action Plan today to address current challenges to the European and German wind energy supply chain. The Action Plan recognises the need to...
500 Million Euros Annually for Renewable Energy Sources
The main goals of the projects that entail the construction of solar and wind power plants are energy supply security and increasing the share of renewable energy sources in our energy portfolio....
Green Bonds for Financing the Development of Environmental Projects
Green bonds are a relatively young financial instrument dating back just over 15 years. In 2007, the European Investment Bank (EIB) issued these securities for the first time. Green bonds are debt...
GREEN CITY DEVELOPMENT – A NEW APPROACH TO URBAN PLANNING AND SAVINGS
The City of Banja Luka’s Development Strategy stipulates priority activities that reflect the local government’s aspirations to make Banja Luka an ecologically sustainable, communally well-equipped, energy-efficient and safe environment, i.e. for Banja...
Additional EBRD loan and EU grant for Corridor Vc in Bosnia and Herzegovina
The construction of Corridor Vc, a key infrastructure project in Bosnia and Herzegovina that the European Bank for Reconstruction and Development (EBRD) supports, is progressing with new financing from the EBRD, European...
