Finnish firm AW-Energy is tapping into wave power as a clean energy source. A loan supported by the InnovFin-EU finance for innovators initiative under the EU’s Horizon 2020 programme and extended by the European Investment Bank has helped it bring its WaveRoller device to the commercialisation phase.
In September, the new CIVITAS and Horizon 2020 project GreenCharge kicked off in Trondheim (Norway).
One of the largest financiers of global energy infrastructure, the European Investment Bank, today agreed a new EUR 255 million long-term loan with the Greek Public Power Corporation (PPC), the largest power producer and electricity supplier in Greece, to upgrade electricity distribution across the country. The new 20 year loan, guaranteed by the Hellenic Republic, represents one of the largest ever EIB loans for electricity investment in Greece.
A series of LIFE projects in central Europe have worked with stakeholders to improve semi-natural grasslands and stop birds colliding with energy infrastructure. This joined-up conservation is increasing great bustard populations, with benefits for a host of species.
Europe’s electricity market rules are being updated to improve the functioning of the market, empower consumers and pave the way for the clean energy transition. EU member states’ ambassadors today approved an agreement with the European Parliament on a directive and a regulation on electricity market design. This clears the way for the final adoption of the two files, which are cornerstones of the clean energy package.
The EBRD continues its leading role in green financing and devoted 36 per cent of its total investments in 2018 to the green economy. The Bank is well on the way to meeting a target of dedicating a 40 percent share of investments to the green economy by 2020.
Orgalime, Brussels, 17 January 2019.
Question for written answer E-006360-18 to the Commission (Rule 130) from Carolina Punset (ALDE).