EIB Allies ISA to Assist Solar Advances in India Updated On Thu, Sep 27th, 2018 by Saurenergy Significantly, ISA plans to raise $1 trillion by 2030 from public and private investors to invest in such solar projects. India has got another push in its bid to attain target of installed 100 GW of solar power by the year 2022 with European Investment Bank (EIB) planning to partner with the International Solar Alliance […] Read more
EIB to Provide $11.75 Mn Loan for 34 MW Solar Project in Zambia Updated On Mon, Jun 25th, 2018 by Saurenergy Further, the Zambian project is promoted by Enel company and will also be supported by loans from the IFC, World Bank Group member, and IFC-Canada Climate Change Program. European Union lender, the European Investment Bank (EIB) has provided up to USD 11.75 million loan to support the 34 MW Ngonye solar power plant in Zambia. Further, the Zambian […] Read more
International Solar Alliance: A Rollercoaster Ride for Indian Solar Updated On Mon, Apr 16th, 2018 by Saurenergy Indian solar sector witnesses sharp momentum in the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took office, India had 3 GW of solar power, which now turned to nearly seven-times of that, or 20 GW, by the end of FY18. India’s efforts towards solar sector came into […] Read more
IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […] Read more
