(IN BRIEF) Cabo Verde has inaugurated new wind turbines and a major battery storage system as part of the expansion of the long-established Cabeólica renewable energy project. Supported by more than €39 million in new financing from the European Investment … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, News
Tagged AfDB, African Development Bank, Ambroise Fayolle, Ayotunde Anjorin, battery storage, Cabeólica, Cabo Verde, clean electricity, EIB, EIB Global, energy security, energy transition, EU guarantees, European Investment Bank, Global Gateway initiative, Public Private Partnership, renewable energy, Santiago, sub-Saharan Africa, Sylvie Millot, Upgraded Cabeólica Wind and Storage Facilities Strengthen Cabo Verde’s Energy Security and Reduce Dependence on Fossil Imports, Vestas, Wale Shonibare, wind farm expansion, wind power, WinPower
(IN BRIEF) SES has secured a €125 million loan from EIB Global to expand its O3b mPOWER satellite network with three additional satellites. The loan will support the network’s efforts to provide high-performance broadband to underserved regions, particularly in Africa, … Read the full press release
Posted in Aviation & Aerospace, Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Africa, ASIA, connectivity, Digital connectivity, e-governance, Education, EIB Global, EU Space Programme 2021-2027, EU strategic autonomy, Europe, Global Gateway initiative, Healthcare, high-performance broadband, Latin America, medium earth orbit, MEO, O3b mPOWER, partnership, Robert de Groot, Sandeep Jalan, satellite network, SES, space technology, space-based data traffic, urban-rural digital divide
(IN BRIEF) The European Investment Bank (EIB) has announced the signing of multiple loans during the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government. These loans will provide financing for climate action … Read the full press release
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