TenneT Holding B.V. and the EIB today closed the issuance of EUR 100 million hybrid capital by TenneT (rated A3/A-). EIB has purchased EUR 100 million hybrid securities to be consolidated and form a single series with TenneT’s hybrid Securities programme launched on 12 April 2017.
The European Commission has approved, under EU State aid rules, Poland’s plans to include a 600 megawatt gas-fired combined heat and power plant located in Płock in its existing scheme to support high-efficiency co-generation of heat and electricity.
145,5 millions d’euros du Fonds européen de développement régional (FEDER) sont investis dans la construction du gazoduc “Pogórska Wola- Tworzeń”, une canalisation de 168 km pour le transport de gaz naturel, traversant les régions polonaises de Małopolskie, Świętokrzyskie et Śląskie (Petite-Pologne, Sainte-Croix et Silésie), au Sud du pays.
Yerevan schools are dilapidated, but a big renovation grant from European donors for 150 Armenia kindergartens will make them more energy efficient—and safer for the children.
The EU has completed the biggest photovoltaic solar field in Gaza. It will provide 0.5 Megawatts of electricity per day to fuel the EU-funded Southern Gaza Desalination Plant, which currently provides drinking water to 75,000 inhabitants in the Khan Younis and Rafah governorates.
From today, you can apply for funding in two energy topics under the 2018-2020 Horizon 2020 Work Programme. The total available funding is €40 m.
Over the past few decades the production and consumption of coal in the EU has been in steady decline, due to the closure of coal mines and the phasing out of coal use for power generation.
Wind turbines and solar panels are a familiar sight but wave energy remains untapped. A loan supported by the InnovFin-EU finance for innovators programme under the EU’s Horizon 2020 programme and extended by the European Investment Bank helped a Finnish firm AW-Energy to turn waves into electricity.
Director of INEA Dirk Beckers signed today a grant agreement on CEF Energy co-funding for the power line crossing the Bay of Biscay totalling €578 million, in presence of Dominique Ristori, Director-General DG Energy and representatives from the Spanish and the French transmission system operators, both beneficiaries of the grant.
EIB Vice-President Navarro joins the meeting with Prime Minister Costa, President Macron, President Sánchez and EC Commissioner Arias-Cañete to boost the development of energy interconnections in South-West Europe. Over the last ten years, the EIB has provided more than EUR 3.6 billion to foster priority electricity and natural gas networks in Portugal, Spain and France.
The European Investment Bank (EIB) is working alongside Enel to finance around 14,000 new charging stations for electric vehicles that will be installed throughout Italy over the next five years.
The European Investment Bank (EIB) granted a EUR 50 million loan to a subsidiary of Greenalia S.A. to finance a new biomass-fired power plant being built in the La Coruña municipalities of Curtis and Teixeiro on a 103 000 m² publicly owned site.
Global investment in renewable energy declined by 7% in 2017, its largest fall in over 15 years, as reported in the IEA’s World Energy Investment report. Although part of the drop-off was due to falling costs that made renewable sources like solar PV more affordable than ever, the investment decline still represents a warning.