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)
LONGi’s 2025 contracts include 1 GW for Scatec and 1.25 GW for Masdar’s 4 GW solar project. (Image Source: Zawya)
Allegations include bribing Indian officials to secure renewable energy projects worth $6 billion. (Image Credit/Source: Kelly/Pexels)
NTPC prioritizes solar over wind, limiting wind and battery projects to 10% of its renewable portfolio. (Image Credit/Source: Kelly/Pexels)
Scatec retains 13% and 12% stakes in Kalkbult, Linde, and Dreunberg solar plants after the sale to STANLIB. (Image Source: Scatec)