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EIB, UK, Brazil, and India advance clean energy projects amid global call for faster renewable growth.
EIB Global has committed up to $60 million to India’s first locally managed energy transition fund, aiming to support renewable energy, efficiency, and electric vehicles as India targets 500 gigawatts of nonfossil capacity by 2030.
In Brazil, Neoenergia is 93% complete on its $1.2 billion Alto Paranaíba transmission project, crucial for strengthening grid reliability.
The UK has approved the 700MW Tillbridge Solar Farm, part of 17 clean energy projects since July 2024, expected to power 300,000 homes and create 1,250 jobs.
A new IRENA report warns global renewable progress is too slow to meet 2030 climate goals, calling for doubled investment and stronger national commitments to achieve 16.6% annual growth in capacity.
El BEI, el Reino Unido, Brasil e India avanzan en proyectos de energía limpia en medio de un llamado global para un crecimiento más rápido de las energías renovables.