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Plans for an Electric Car Charging Point in Every New Home in Europe
Car manufacturers welcome plans by the EU to boost the convenience of electric cars by increasing recharging facilities. Every new or refurbished house in Europe will need to be equipped with an electric vehicle recharging point, under a draft EU…
Lithuania to Generate up to EUR 500 Million for Energy Efficiency with EIB
European Investment Bank (EIB) to attract private finance into residential energy efficiency modernisation via a guarantee scheme funded by the Lithuanian Government. The Lithuanian Leveraged Fund, a guarantee scheme funded with EUR 100 million of EU Structural and Investment Funds…
Electric Vehicles Will Help the Shift Toward EU’s Green Transport Future
A large scale roll-out of electric cars on European roads would result in significantly lower greenhouse gas emissions and lower levels of certain air pollutants, according to a European Environment Agency (EEA) assessment released today. However, widespread use of such…
Reykjavík: the Geothermal City that aims to Go Carbon Neutral
Icelandic capital plans to reduce its greenhouse gas emissions to zero by 2040 by reversing urban sprawl and promoting walking, cycling and public transport. Reykjavík used to be marketed as a place of “pure energy”, run on geothermal power –…
Paris Agreement to Enter into Force as EU Agrees Ratification
The European Parliament has approved the ratification of the Paris Agreement by the European Union yesterday. With today’s European Parliament approval of the Paris Agreement ratification – in the presence of European Commission President Jean-Claude Juncker, the United Nation’s Secretary…
European support for Wind Farm in Belgium
The European Union will support the construction of the Rentel wind farm off the Belgian coast with a loan of up to EUR 300 million from the EIB. EUR 250 million of the loan will be guaranteed under the European…
EU invests €20 million for expansion of solar film manufacturing facility in Germany
The European Investment Bank announced last week a €20 million loan agreement with German-based Heliatek, a world leader in the production of organic photovoltaic devices and solar films. The EU-funded loan, part of an €80 million financial package raised by…