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Insights / Organizations / European Investment Bank

European Investment Bank

govEuropean Union 15 mentions

Development finance

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Often mentioned with · Technologies

Wind energy
Utilized to power the green hydrogen and clean ammonia production system, leveraging the consistent Atlantic winds in Placentia Bay.
3 mentions
Solar energy
Used by SunHydro to generate hydrogen, making the fueling process fully sustainable.
3 mentions
Geothermal energy
Renewable energy source that experienced increased production in 2010 alongside solar and wind.
3 mentions
Technologies
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Often mentioned with · Locations

world
4 mentions
Europe
Europe
3 mentions
northern coast
northern coast
PT 1 mention
Locations
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Often mentioned with · Projects

Costa Rica Geothermal Energy Project (Guanacaste)
A major geothermal energy development project in Guanacaste, Costa Rica, consisting of a primary 55 MW geothermal facility and two auxiliary geothermal power plants. The project is designed to support Costa Rica's carbon neutrality goals and tap into the country's geothermal resources.
planned 2 mentions
Andalusian Green Hydrogen Valley
Large-scale hydrogen production and industrial decarbonization program in Huelva and Cádiz.
under construction 1 mention
Antofagasta green hydrogen mining integration project
A key project in northern Antofagasta focusing on integrating green hydrogen into the mining sector to reduce the industry's carbon footprint.
planned 1 mention
Projects
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Often mentioned with · Facilities

Costa Rica Geothermal Plant 1
4 mentions
Auxiliary Geothermal Power Plant 1 (Guanacaste)
2 mentions
Negev Solar Thermal Plant
1 mention
Facilities
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Often mentioned with · Products

Green hydrogen (green H2)
Hydrogen produced through electrolysis powered by renewable energy sources, serving as a clean fuel for industrial applications, mining, and transportation.
1 mention
EnBW Baltic 2
Offshore wind farm
1 mention
Green Ammonia
Ammonia produced from green hydrogen and nitrogen, intended for use as a fertilizer and increasingly as a zero-emission maritime fuel.
1 mention
Products
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Often mentioned with · People

Andrew McDowell
1 mention
José Pinheiro
Portugal 1 mention
Uhuru Kenyatta
Kenya 1 mention
People
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Often mentioned with · Research studies

Offshore wind power generation potential compared to land-based wind
1 mention

In the news (15)

Qair Secures €55M for Hyd’Occ in Occitanie, France
EIB is involved in funding hydrogen mobility corridors, aligning with EU goals for sustainable transport networks and decarbonization.
This Hydrogen Station Can Fuel an Entire Fleet in Minutes – Here’s How It Works
Supports the European Corridor H2 project and broader hydrogen refueling network spanning from the Iberian Peninsula to Northern Europe.
How Moeve Is Redefining Clean Energy with Green Hydrogen Mega-Projects
The EIB has provided a €285 million loan to finance Moeve's biofuel plant, supporting its sustainable energy initiatives.
From Spain to South America, Johnson Matthey’s Methanol Projects Leave a Global Mark
The European Investment Bank is providing funding for the La Robla Nueva Energia (NE) project in Spain, highlighting its role in supporting ambitious decarbonization targets.
Can De-Risking Make Chile and South Africa Leaders in the Green Hydrogen
International financial institution collaborating with South Africa on de-risking green hydrogen projects through innovative funding strategies and public-private partnerships.
Floating offshore wind could be the future of renewable wind power
Provided €60 million ($68.7 million) loan to WindPlus consortium under the InnovFin Energy Demonstration Projects instrument to scale up WindFloat project.
Renewable energy in India gets more support from European Investment Bank
The European Investment Bank is providing over $900 million to India's renewable energy market and is partnering with Indian agencies to deploy solar energy systems.
European Investment Bank upholds commitment to fight climate change
The European Investment Bank has announced its commitment to invest $20 billion annually for the next five years to combat climate change, representing a significant financial contribution from a single multilateral institution.
Costa Rica has used only renewable energy since the start of 2015
Primary funder of Costa Rica's $958 million geothermal project, providing development finance for renewable energy infrastructure.
World’s largest geothermal energy facility launched in Kenya
Co-funder of the $126.5 million Olkaria IV geothermal project.
Xina solar energy project wins more funding
Approved an €80 million loan for the Xina concentrated solar energy project in South Africa's Northern Cape Province.
New solar energy project in Israel receives financial backing
Multilateral development bank that provided a €150 million loan to Israel's largest solar energy project in the Negev desert.
Geothermal energy project receives approval in Costa Rica
An EU financial institution expected to provide $70 million in funding for the Costa Rican geothermal project.
Norwegian sovereign wealth fund could support renewable energy
European financial institution that has committed to ending coal financing, mentioned as an example for Norway to follow.
EnBW wind energy project wins funding
The European Investment Bank announced the approval of a $663 million loan for EnBW's new wind energy project.

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