The European Investment Bank (EIB) has committed €400 million to support MYTILINEOS Energy and Metals’ ambitious renewable energy plans, aiming to add 2.6 GW of solar PV and battery storage capacity across Europe by 2027. The project with investment of total €2.5 billion focuses on less developed regions to support equitable growth and green transition.
EIB commits €400M to MYTILINEOS for 2.6 GW PV project
The financing will enhance the electricity grid, improve power supply management, reliability, and cater to future demand. Image Credit European Investment Bank.
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)
Telecrown’s order from RRP Semiconductor includes silicon solar cells and polycrystalline materials for Maharashtra’s growing renewable energy sector. (Image Credit/Source: fietzfotos/Pixabay)