European Investment Bank
The agreement will allow the institution to provide technical assistance for investments and enable better use of EU funds
The facility will supply cathode materials, a key component for lithium-ion battery cell manufacturers
The funding forms part of the European Battery Alliance, committed to creating a competitive, cleaner and advanced battery cell industry
The EU-backed facilities could potentially power more than 500,000 zero emission EVs per year
The majority of Europeans support a ban on short-distance flights to fight climate change, according to a survey from the European Investment Bank
A total of 13 projects will be funded across the country in the biggest investment for 50 years
Loans of up to €25,000 per household will be offered to homeowners who want to reduce their energy bills
The new wind park is expected to supply approximately 75,000 households with clean energy
The loan addresses the high energy intensity concerns in South-Eastern Europe
The money is being offered to QEV Technologies to support its research and development activities surrounding electric powertrains, fast charging systems and electric racing technologies
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