Elektro Maribor has secured a EUR 31 million load from the European Investment Bank to reinforce its grid network.
EIB has made available its first funding within the solar energy sector in Poland by approving a EUR18 million ($20m) loan.
Finance & Investment
The European Commission has proposed the establishment of a new loan facility under the Just Transition Mechanism.
Policy & Regulation
The European Commission has announced revisions to its long-term economic planning, including a €750 billion ($826 billion) green recovery plan to drive the bloc's post-pandemic recovery, and build a sustainability-focussed economy for the next generation.
Countries in South America will invest $18.1 billion in smart grid infrastructure over the next decade, according to Northeast Group.
More than ten German energy providers have lodged an urgent action at the European Court of Justice (EJC) to have the approval of the largest merger in the history of Europe's energy industry nullified stating concern over monopolisation of the sector in the country.
Despite economic challenges caused by COVID-19, the energy transition remains on track, according to a new survey conducted by Deloitte.