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London Taxi Company Poised to Rev Up £300m Coventry Electric Cab Factory
The London Taxi Company (LTC) is set to open its £300m electric black cab factory in Coventry in March with a view to producing its first vehicles for the UK market later this year, according to reports. Speaking to Reuters,…
EIB Group Increases Support to Czech Republic by One Third to EUR 619 Million in 2016
The European Investment Bank Group provided EUR 619 million in new loans, guarantees equity in the Czech Republic in 2016, of which EUR 526 million from the EIB and EUR 93 million from its subsidiary the European Investment Fund (EIF). The…
Siemens Unleashes 8MW Giant
Siemens has installed and commissioned its new 8MW offshore wind turbine at the Østerild test site in Denmark. The installation went “according to plan” the German manufacturing giant said and the hardware will now enter the final development phase. A…
Coal Demand Growth to Stall as Appetite Wanes, According to IEA
BEIJING — Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal forecast from the International Energy Agency. The share…
First Agreements Signed for Uranium Mining Legacy Fund
The EBRD’s latest nuclear safety fund is making progress. Framework agreements have been signed with the Kyrgyz Republic and Tajikistan which will provide the legal basis for implementation of projects in these countries. The purpose of the “Environmental Remediation Account…
The EBRD for Renewables in Georgia
The EBRD is a leading institutional investor in Georgia. Since the start of its operations in the country, the Bank has invested over €2.73 billion in 195 projects in the financial, corporate, infrastructure and energy sectors, with 91 per cent…
Commission Delivers on its Circular Economy Promises
One year after adopting its Circular Economy Package, the Commission has reported on delivery and progress to date, and tabled new ideas on waste management and investment. One year after adopting its Circular Economy Package, the Commission today reports on…