(IN BRIEF) The European Investment Bank has approved $150 million in financing for Egypt’s Obelisk hybrid solar and battery storage project, coinciding with the early completion of its first phase in Qena Governorate. Developed by Scatec, the project combines large-scale … Read the full press release →
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Technology
Tagged African Development Bank, Battery Energy Storage System, British International Investment, clean power generation, EBRD, Egypt energy security, Egypt solar energy, EIB Global, energy transition, EU NDICI guarantee, European Investment Bank, hybrid solar power, Obelisk Hybrid Solar Project Secures Major European Backing in Egypt, Obelisk project, Qena Governorate, renewable energy financing, Scatec, Team Europe
(IN BRIEF) NIB and NORD/LB will provide up to EUR 64 million to finance two 91 MWp solar parks in Izabelinė and Lieponys, Lithuania, developed by Green Genius. Supported by the InvestEU programme, the projects include an 18 MW battery … Read the full press release →
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Lithuania, News, Technology
Tagged battery energy storage, BESS, clean energy transition, CO2 reduction, EBRD, energy diversification, energy transition, European Bank for Reconstruction and Development, European Green Deal, Green Genius, Ignalina municipality, InvestEU, Izabelinė, Lieponys, Lithuania, NIB, NORD/LB, Nordic Investment Bank, Photovoltaic, PV capacity, renewable energy financing, renewable energy projects, solar energy, sustainable infrastructure, Trakai district, utility-scale solar
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