EIB

The buildings will be constructed to nearly zero energy standards

It is the second tranche of a €150 million (£132m) guarantee framework

The project aims to increase renewable energy supply across the country

It will be able to hold a month’s worth of supply

The money will help upgrade 12 electricity substations and establish a modern energy communication system

Vivawest will use the funds to build 900 low energy housing units in North Rhine-Westphalia

Property developer Fastighets AB Balder says they will significantly exceed the nation’s nearly-zero-energy-building (NZEB) standards

Projects that can reduce greenhouse gas emissions and improve climate resilience in the country will be supported

The European Investment Bank is providing the financing and an additional €120 million (£104m) will come from the private sector

The projects, which include solar and wind power, are expected to benefit more than 1.1 million homes in the country