Tag: European Investment Bank

EIB backs green hydrogen deployment and joins India Hydrogen Alliance

The European Investment Bank (EIB) has formally agreed to join the India Hydrogen Alliance (IH2A) and increase its support for large-scale green hydrogen hubs and projects across India with indicative funding of €1 billion, subject to Indian government and EIB approvals. The alliance aims to bring industry, investors and government agencies together on green hydrogen hubs and projects.

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EIB provides EUR 38.5 million to Burkina Faso for solar power deployment and flood protection

The European Investment Bank (EIB) has announced EUR 38.5 million of new financial and technical support to Burkina Faso for promoting solar power development. The funding will also be used to protect its capital city Ouagadougou from future flooding. Through this financing, EIB aims to improve energy access in the country and address the risks caused by extreme weather.

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