Latest news
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
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
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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Eleven EU countries oppose plan to prolong gas project funding
Germany, Denmark, the Netherlands and eight other countries will reject a plan to prolong European Union support for cross-border natural gas projects, and instead push for rules to exclude fossil fuels, according to a document seen by Reuters.
read more... 02/06/2021