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Eib
Geothermal Drilling
Geothermal Drilling in Dettenheim, Germany Receives State Approval
Artist's rendition of planned Dettenheim geothermal power plant in Karlsruhe, Germany (source: Deutsche ErdWärme)Deutsche Erdwärme has received ap…
Geothermal Drilling
EIB Backs Eavor Geothermal Project in Bavaria
The European Investment Bank (EIB) will provide nearly EUR 45 million ($48.5 million) for an innovative closed-loop geothermal project being implemented for the…
Hydropower Plant
Bhutan and eib sign 150 million euro Loanfor hydropower and solar photovoltaic projects
Bhutan and the European Investment Bank (EIB) signed the first-ever EIB project supporting reliable, green, energy for communities in Bhutan through a 150 milli…
Hydropower Plant
EIB President Welcomes Ukrainian Prime Minister, Endorses Hydropower Investment
In a significant move aimed at bolstering Ukraine's energy security, the European Investment Bank (EIB) has pledged its support to Ukrhydroenergo, Ukraine…
Pumped Storage
EIB Agrees to €105 Million Financing for Expansion of Kruonis Pumped Storage Plant
Lithuania's Kruonis pumped storage hydroelectric power plant (Kruonis PSHP) has secured a financing agreement worth €105 million with the European Inve…
Geothermal Power Project
LIAG Publishes Traffic Light Map for Geothermal Probes in Germany
The first overview map based on the traffic light system in GeotIS shows potential for geothermal probes in Mecklenburg-Vorpommern, Germany (source: LIAG)future…
Wind Farm
EIB Signs €36 Million Loan for Construction of 50 MW Wind Farm in Bosnia
The loan comes in addition to the €21 million in grants allocated by the European Union in December 2023 through the Western Balkans Investment Fund (WBIF)…
Nuclear Equipment
Nuclearelectrica Gets EIB Funding for Tritium Removal Facility
Romania's Nuclearelectrica has secured a loan agreement of EUR145 million (USD159 million) with the European Investment Bank (EIB) towards the completion of…
Solar Power Plant
Greece's Mytilineos Secures €400M Eib Funding for Solar Projects in Countries Including Ireland
The European Investment Bank said most of the solar PV projects are expected to be small/medium size ones. Photo: GettyA unit of Greek conglomerate Mytilin…
Hydropower Plant
EIB Provides €133 Million to Strengthen Resilience of Ukraine's Hydropower Plants
The funds will be used to enhance the operational reliability of hydropower plants along the Dnipro River, vital for the safe operation of the unified energy sy…
Offshore Wind Power
EIB and Ørsted Sign €400M Loan to Finance New Wind Energy Production in Denmark
The European Investment Bank (EIB) and Ørsted have signed a €400 million framework loan agreement to finance new wind power production. By supportin…
Coal Production
S.Africa's Transnet Curbs Coal Trucks at Richards Bay Terminal Due to Congestion
A stacker reclaimer to scoop up and transfer coal into and out of the yard is seen at Africa's largest coal export facility, the Richards Bay Coal Terminal,…
Electricity Transmission
Greek Power Distribution Operator Gets 150 Mln Euro Eib Loan for Smart Meters
Greek power grid operator HEDNO has secured a 150 million euro ($160.23 million) loan from the European Investment Bank (EIB) to install 3.12 million smart mete…
Solar project
The EIB Grants a Loan of 575 Million Euros to Repsol for Wind and Solar Energy in Spain
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 photov…
Energy Storage Project
Talga Secures €150M From Eib for Swedish Battery Anode Project
The Vittangi anode project will have a capacity of 19,500tpa. Credit: Anton Leskov/Shutterstock.com.Australian battery materials company Talga Group has obtaine…
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