The European Investment Bank (EIB) has provided a €50 million green loan to Matrix Renewables for the construction of five solar photovoltaic plants in Spain, with a total capacity of 240 MW. These plants, located in Castilla y León and Extremadura, are part of the EIB’s broader climate action efforts and align with the EU’s goal of mobilizing €1 trillion in green investments by 2030. The project is also backed by InvestEU, aiming to drive public and private investment in sustainable initiatives across the EU.
Matrix Renewables secures €50M EIB green loan
Matrix Renewables’ solar projects in Spain receive a €50M boost from EIB. (Photo Credit: EIB)
AfDB funded two 15 MW solar plants in Chad to generate 61 GWh annually and cut emissions by 49,000 tons per year. (Image Credit/Source: LCEC/Pixabay)
Algeria and GE Vernova discussed 15 GW renewable energy projects, including solar, as Sonelgaz led talks in Atlanta. (Image Source:Zawya)
LRE powered up Morrow Lake Solar, supplying 200 MW to Microsoft with innovative solar tech and eco-friendly land use. (Image Credit/Source: StockSnap/Pixabay)
re:cap green energy acquired 51.7 MW solar projects from Milvio Energy, with completion expected between Q1 and Q4 of 2025. (Image Credit/Source: TheOtherKev/Pexels)