eib

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Vulcan Energy Secures $290 Million Financing from EIB

Vulcan Energy, a material exploration company specializing in lithium production, has secured €250 million (~$290 million) in financing from the European Investment Bank...

December 4, 2025

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Renu

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Storage
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Daily News Wrap-Up: ALMM Solar Capacity Rises by 6.9 GW in October 2025

The Ministry of New and Renewable Energy updated the Approved List of Models and Manufacturers (ALMM) for solar modules, adding a capacity of 6,922 MW. The cumulative...

October 15, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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EIB Pledges €1.6 Billion for France-Spain Electricity Interconnection

The European Investment Bank (EIB) has pledged €1.6 billion (~$1.84 billion) to finance the construction of the Bay of Biscay electricity interconnection between France...

June 19, 2025

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Staff

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Finance and M&A

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Grid
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Enel Secures $300 Million Financing from European Investment Bank

Enel Colombia, a subsidiary of Enel Group, an Italian multinational manufacturer and distributor of electricity and gas, secured a term loan in Colombian pesos...

October 15, 2024

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Staff

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Solar
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BNZ Secures $185 Million Green Loan for Solar Project Portfolio

The European Investment Bank (EIB) and BNZ, a solar project developer owned by Nuveen Infrastructure, announced the signing of a €166 million (~$184.68 million) green...

September 24, 2024

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Staff

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Solar
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Matrix Renewables Secures Financing for 240 MW Solar Projects in Spain

Matrix Renewables, a global renewable energy company, signed a €50 million (~$54.74 million) green loan with the European Investment Bank (EIB) to support the...

August 8, 2024

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Staff

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Solar
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Battery Manufacturer Verkor Secures $1.4 Billion Green Loan

Verkor, a manufacturer of lithium-based battery cells and modules, secured over €1.3 billion (~$1.41 billion) in green financing supported by 16 commercial banks and...

May 28, 2024

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Renu

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Storage
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SBI Signs $165 Million Loan with World Bank to Fund Rooftop Solar Projects

The State Bank of India (SBI) has signed a $165 million line of credit from the World Bank to finance grid-connected rooftop solar projects in the residential and...

December 26, 2023

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Staff

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Markets & Policy

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Rooftop

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Solar
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Dye-Sensitized Solar Cell Technology Company Exeger Receives $38.4 Million Loan

Exeger, a developer of solar cell technology, secured a €35 million (~$38.4 million) loan from the European Investment Bank (EIB). The EIB loan is backed by the InvestEU...

December 26, 2023

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Staff

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Solar
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Daily News Wrap-Up: Bihar’s 185 MW Solar with 254 MWh Battery Storage Tender

Bihar State Power Generation Company has invited bids to set up a 185 MW grid-connected solar power project with a 254 MWh battery energy storage system in Kajra village...

December 18, 2023

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Satish Shetty

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Daily Wrap-up
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EIB Commits $5.5 Billion for European Wind Equipment Manufacturers

The European Investment Bank (EIB) has approved a €5 billion (~$5.5 billion) initiative to support the wind energy equipment manufacturing companies in Europe  to boost...

December 15, 2023

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Staff

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Other

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Renewable Energy
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Solaria Receives €1.7 Billion Financing Boost from EIB’s InvestEU

Solaria, a U.S.-headquartered solar equipment manufacturer and installer, has secured €1.7 billion (~$1.8 billion) in financing from the European Investment Bank (EIB)...

September 26, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Project Finance Brief: Clearway Secures $421 Million for Energy Storage and Solar Project

Clearway, a solar, wind, and energy storage project developer, has closed $421 million in financing for the 147 MW/ 588 MWh Rosamond Central Battery Energy Storage...

August 2, 2023

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Sohini Aich

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Solar

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Storage
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Project Finance Brief: Clearway Secures $421 Million for Energy Storage and Solar Project

From: Mercom Capital Group Clearway, a solar, wind, and energy storage project developer, has closed $421 million in financing for the 147 MW/ 588 MWh Rosamond Central...

August 2, 2023

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: CERC Allows High-Price Contracts at HPX

The Central Electricity Regulatory Commission has allowed Hindustan Power Exchange (HPX) to introduce High Price contracts in the High Price Day Ahead Market, High Price...

July 27, 2023

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Mercom Staff

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Daily Wrap-up

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