News
18 April 2024

EIB's first Bhutan project will finance renewable power

In:
Power, Renewables
Region:
Asia-Pacific

The first EIB project in Bhutan will support new solar PV and hydropower schemes under the EU’s Global Gateway initiative.The 30-year loan for €150 million ($160 million) will unlock an estimated 310MW of new renewable energy generation to serve communities in remote regions. The...

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