The Board of Directors of the European Investment Bank (EIB) has approved a loan request from Northvolt AB. The financing, a facility of up to EUR 52.5 million, is projected to be supported by InnovFin – EU Finance for Innovators’s Energy Demonstration Projects facility, with the financial backing of the European Union under Horizon 2020 Financial Instruments.
The EE & RE exhibition is a platform for many local and foreign companies to showcase their eco-friendly solutions for energy production and consumption. The event has the format “exhibition-conference” and is open to visitors from the sectors of automation, energy, construction, engineering, different industry branches, representatives of municipalities and government administration, HVAC, lighting, transport and logistics, etc.
The EBRD is supporting a new 36 MW solar plant in western Ukraine as part of its commitment to making the energy mix in its countries of operations greener. The investment is made together with the Clean Technology Fund, the Bank’s partner in advancing green energy.