European Investment Bank
World’s Biggest Banks’ Uneven Ways in Project Financing
Between 2016 and 2018, 33 large U.S. and European banks provided more than $1.9 trillion to fossil fuel companies. Yet at least two leading lenders will stop funding such projects after 2019.
Enel Green Power’s 1st Zambia PV Project Begins Operation
The 34-megawatt solar facility, located in southern Zambia, will sell its energy to the country’s state-owned utility ZESCO through a 25-year PPA.
ENGIE Enters Mongolia with 55MW Wind Farm
The Sainshand wind farm will be located in the Gobi Desert and will generate enough green energy to serve the needs of 130,000 Mongolians.