Near cloudless Saharan skies lend themselves to solar power generation. EIB funding will help the construction of a major complex in Ouarzazate in southern Morocco, which should be generating up to 160MW. This capacity could quadruple once the project reaches maturity; enough to power a city of 250 000 inhabitants. More
“This new joint IFI Action Plan for Growth in Central and South Eastern Europe is a direct response to the continuing impact of Eurozone problems on the economies of emerging Europe” More
Werner Hoyer
EUR 370 million
Is the additional amount the EIB committed early december to supporting climate action, SMEs and knowledge economy in Greece. More
