Category Archives: Green Renewable Energy Investment Russia

EUR 200 million loan for climate change mitigation projects in India

The European Investment Bank (EIB) has granted a long-term loan of EUR 200 million to India Infrastructure Finance Company Ltd (IIFCL) to help finance projects that will contribute to the mitigation of climate change in India. The main objective of … Continue reading

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EIB launches new Central American renewable energy lending initiative

The European Investment Bank (EIB), Europe’s long-term lending institution, has agreed to provide USD 230 million backing to support investment in hydropower, wind, geothermal and photovoltaic renewable energy schemes across Central America. The joint programme with the Central American Bank … Continue reading

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New EU support for renewable energy policy in Nigeria

Today, the European Commission announced €27 million of financial support to help improve the renewable energy policy in Nigeria. Currently, a large part of the Nigerian population lacks access to energy or relies on polluting fuels such as fuel wood … Continue reading

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Renewable energy Share of renewable energy up to 13% of energy consumption in the EU27 in 2011

In 2011, energy from renewable sources1 was estimated to have contributed 13.0% of gross final energy consumption in the EU27, compared with 7.9% in 2004 and 12.1% in 2010. The share of renewables in gross final energy consumption is one … Continue reading

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EIB supports utilisation of renewable energy resources in Ukraine

The European Investment Bank (EIB) is lending EUR 200 million to finance the implementation of the ambitious UkrHydroEnergo programme focused on modernising and upgrading electrical energy generation from hydropower. EIB Vice-President Anton Rop stated: “This is the first EIB-financed project … Continue reading

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