The European Investment Bank (EIB) has signed a €125 million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. Battery production is a fast advancing industry and so needs constant capital infusion. This Umicore cathodeContinue Reading

The European Investment Bank (EIB) and Yes Bank will co-finance solar and wind energy projects in the states of Karnataka, Telangana, Maharashtra, and Rajasthan. The projects presumably will have access to cheaper debt finance compared to the rates being offered by Indian banks due to the collaboration with EIB. AllContinue Reading

The European Investment Bank (EIB) today inked a partnership agreement with International Solar Alliance )ISA) for an 800 million euro financial aid to support India’s clean energy project. The partnership between the two bodies will mobilise finance to develop affordable solar energy in countries that get ample sunlight. “The EuropeanContinue Reading