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Investments & Funding;Renewable Energy
Investments & Funding;Renewable Energy

EIB and Societe Generale provide €153m for Sicily's 137 MW sand solar project

The EIB and Societe Generale have signed a €153 million financing package for the 137 MW Sand Solar photovoltaic plant in Sicily. The project, developed by Peridot Solar, will generate 256 GWh annually and aligns with Italy's 2030 energy and climate plan.

Italy | 4 days ago

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Energy & Power | 3 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

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