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EIB approves EU 80m in funding for geothermal in East Africa

As part of a wider funding package of EUR 4.1 billion to accelerate renewable energy investment, support COVID-19 economic resilience by backing private sector investment, improve sustainable transport and upgrade schools and social housing, the European Investment Bank (EIB) approved a special package on renewable energy.

read more... 22/06/2021

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Campaigners ring alarm over EU funding for gas projects through the back door

The European Commission last week published an updated methodology to assess which gas infrastructure projects will be eligible to receive EU funding, triggering warnings by environmental groups and a senior member of the European Parliament.

read more... 21/06/2021

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Germany to support 500 MW electrolyzers abroad with $1.1 billion

Germany's H2Global green hydrogen import initiative aims to establish 500 MW of electrolysis capacity outside the EU with Eur900.00 million ($1.10 billion) of funding support, the country's energy ministry said June 14.

read more... 15/06/2021

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EU to spend 5.8 billion on energy projects untill 2027

The Council of the EU has adopted the new framework for funding EU energy infrastructure projects, pledging Eur5.48 billion ($6.64 billion) in finance, it said June 14.

read more... 15/06/2021

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EU Approves $21B Green Transition Fund

The 27 members of the European Union approved on Monday the regulation establishing the so-called Just Transition Fund to help fossil fuel-reliant economies in the bloc move to greener energy, clearing the final hurdle for the fund to launch.

read more... 08/06/2021

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