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European Commission and EIB announce new partnership to support investments in the European battery manufacturing value chain
Dec 04, 2024•over 1 year ago
Contract Type
partnership
AzerbaijanEnergySolar
Description
The European Commission and the European Investment Bank (EIB) have announced a new partnership to support investments in the EU’s battery manufacturing sector. This partnership will provide a €200 million top-up (loan guarantee) to the InvestEU programme from the EU Innovation Fund and will result in €3 billion of public support in total for the development of a competitive and sustainable European battery industry.
Company Information
Company
European Investment Bank Group (EIBG) European Commission Solar Impulse Foundation (SIF)
Location
Azerbaijan
About
The European Investment Bank Group (EIBG) is the European Commission and the Solar Impulse Foundation (SIF) have presented a pilot initiative to bolster energy efficiency investments benefitting small and mid-sized enterprises (SMEs).
Predictive Intelligence
Strategic
ML-powered predictions for European Investment Bank Group (EIBG) European Commission Solar Impulse Foundation (SIF)'s next move
AzerbaijanEnergySolar