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European Investment Bank

European Investment Bank Will Not Finance Most Coal Power Stations

written by Yale Environment 360

The European Investment Bank (EIB), the main lending arm of the European Union, has decided to stop financing most coal-fired power plants, part of an effort to help the 28-nation bloc meet ambitious greenhouse gas reduction targets by 2030.

The EIB says that new and refurbished coal-fired

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July 25, 2013 0 comment
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Morocco Goes Big On Solar Power

written by EnergyRefuge.com

Earlier this month, Morocco announced that it will invest $9 billion in solar energy to build five solar power farms across the country. The combined energy output will be 2,000MW. The northern African country hopes to be getting 38% of its installed power generation from the sun by 2020.

Even though no date was set for the solar

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November 22, 2010 2 comments
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