The financing signed today amounts to 400 million euros and is the first tranche of the total approved loan, which will be used to finance wind farms and photovoltaic plants with a total capacity of 1.1 GW. It contributes to the goal of the REPowerEU plan to increase energy security by reducing the European Union’s … Continue reading The EIB grants a loan of 575 million euros to Repsol for wind and solar energy in Spain
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Iberdrola signs a €1,000 million loan with the EIB to accelerate the energy transition in Europe
The European Investment Bank (EIB) and Iberdrola have signed a new financing agreement worth €1 billion to fast forward the energy transition in Europe by building an extensive network of 19 solar power plants and 3 onshore wind farms in Spain, Portugal and Germany. With a total installed capacity of 2.2 GW, the projects envisage … Continue reading Iberdrola signs a €1,000 million loan with the EIB to accelerate the energy transition in Europe
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Iberdrola and EIB sign a new €550 million green loan to boost smart grids in Spain
The project will contribute to the electrification of the Spanish economy and improved efficiency via better automation and control mechanisms, through the digitization of electrical networks The funds will be allocated to the investment plan covering this infrastructure that i-DE – Iberdrola’s Spanish distributor – will develop for €1.5 billion between 2021 and 2023 This … Continue reading Iberdrola and EIB sign a new €550 million green loan to boost smart grids in Spain
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EIB and Iberdrola sign two financing agreements for 690 million euros for wind energy in Brazil
The EU Bank will finance with 250 million euros 15 wind farms that the company will build in northeastern Brazil. This is the first agreement signed between the entity and Neoenergia, a Brazilian subsidiary of Iberdrola. The 440 million euros allocated to Iberdrola distribution networks in Spain will strengthen these infrastructures and make them smarter … Continue reading EIB and Iberdrola sign two financing agreements for 690 million euros for wind energy in Brazil
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The EIB signs a loan of 50 million euros for wind energy in Navarra with Iberdrola and Caja Rural de Navarra
The Cavar wind farm, consisting of four wind power parks with a total capacity of 111 MW, will be operational in the first quarter of 2020. This new renewable project will allow the creation of up to 200 jobs during its construction. The wind energy project is being developed by Renovables de la Ribera, a … Continue reading The EIB signs a loan of 50 million euros for wind energy in Navarra with Iberdrola and Caja Rural de Navarra
Continue readingEIB and EDPR support the development of wind energy in Brazil
Climate action in Latin America: the EIB and EDPR support the development of renewable energies in Brazil. The EIB grants EUR 150 million to EDPR Brazil to finance wind power and solar energy plants. The agreement will help the country meet the climate objectives established in COP21. Employment: the project will create 1,900 jobs during … Continue reading EIB and EDPR support the development of wind energy in Brazil
Continue readingAWEA submits comments to improve USFWS proposals
The USFWS draft policies jeopardize more than 34,000 megawatts of wind power projects, over 27,500 jobs, $103 million in potential landowner revenue, and $68 billion in investment.
Continue readingGraphene for innovative energy storage
The UT-Austin material?s processing techniques are already readily scalable to electric vehicles to expanding power availability from wind energy and solar power sources.
Continue readingPresident Obama?s Visit to GE in Schenectady Highlights the Role of Wind Energy
The Schenectady facility is the birthplace of GE and home to GE Energy?s Power & Water division, which develops and manufactures steam turbines, generators, wind turbines and solar power technology.
Continue readingTwo desert solar thermal projects gain California OKs
The 500-megawatt Palen Concentrating Solar Power Project and 150-megawatt Rice concentrated solar energy Project combined will provide enough electricity to serve about 488,000 single-family homes.
Continue readingThe Facts about Wind Energy?s Emissions Savings
Recent data and analyses have made it clear that the emissions savings from adding wind power to the grid are even larger than had been commonly thought.
Continue readingECOtality Applauds California Electric-Car Charging Decision
ECOtality has expressed its support for a decision by the CPUC determining that companies which sell electric vehicle charging services to the public will not be regulated as public utilities.
Continue readingLas energías renovables atraerán una inversión de más medio billón euros hasta 2020
El Banco Banco Europeo de Inversiones calculó que las energías renovables atraerán una inversión de entre 500.000 y 600.000 millones de euros en Europa hasta 2020.
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