US-headquartered BlackRock and ENGIE backed ENVIRIA's solar energy growth with a $200 million investment. The funding supports 84 rooftop projects, scalable to 150, secured by EEG tariffs to ensure long-term renewable energy supply. These projects will reduce CO2 emissions by 17,000 tons annually. Flexible financing structures enable ENVIRIA to accelerate construction and optimize long-term project strategies. Some systems are already producing green electricity, with the entire portfolio expected to be grid-connected by 2025, advancing sustainable energy solutions.
ENVIRIA secures $200M from ENGIE and BlackRock for solar expansion
BlackRock and ENGIE invested $200 million in ENVIRIA, expanding rooftop solar projects to 150 and reducing 17,000 tons of CO2 by 2025. Know more about the project here.
/solarbytes/media/post_attachments/wp-content/uploads/2025/01/2025-01-13-BlackRock-pr.jpeg)
Advertisment
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112055287z-solarbytes.png)
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112030439z-solarbytes.png)