The Swedish storage developer will receive the loan funds via the European Commission’s InnovFin fund, which is part of the Energy Demo Projects facility.
Perovskite solar start up, Oxford PV has received €15 million in financing from the European Investment Bank (EIB), to support its efforts at commercialization of silicon/perovskite tandem solar cell production.
Both the European Investment Bank and India’s YES Bank will provide $200 million investment to co-finance a series of solar and wind power projects across India.
The EIB has also confirmed that it will provide $940 million in financial support for Indian renewable Energy.
In its largest ever support for solar power in Asia, the European Investment Bank (EIB) has confirmed a €200 million ($214 million) loan to the State Bank of India.
The European Investment Bank and Eiffel Investment Group have launched a fund devoted to investments in the green economy in France and Europe. The fund will provide bridge financing for, among others, projects in the solar and storage sectors.
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