Connection

popular articles

Canada Approves KRONOS MMR for Projects at 45 MWt
Siemens Energy raises annual outlook after 52% surge in orders
China steps up investment in energy storage
Saudi Arabia: Anticipated Budget Deficit Reduction in 2025 Through Economic Diversification
Dams in Africa: the largest projects

Haizea and EIB sign €35 million green loan for European wind power

Haizea Wind Group and the European Investment Bank (EIB) sign a 35 million euro green loan to modernize wind turbine component production and strengthen the renewable energy supply chain.
  • [favorite_button]

Please share:

Spain-based Haizea Wind Group and the European Investment Bank (EIB) have announced the signing of a €35 million green loan.
The financing is intended to modernize Haizea’s production of components for the wind energy industry, by automating and digitizing its manufacturing processes, thereby improving efficiency and reducing costs. the competitiveness of Europe’s renewable energy supply chain.

Modernization and innovation

The loan will enable Haizea to implement advanced manufacturing technologies and further research and develop metal structures for wind turbines, including wind towers, monopile foundations, and transition pieces for offshore wind farms.
This project is part of the InvestEU program, designed to mobilize public and private funds in support of EU policy objectives.

Strategic support and competitiveness

Gilles Badot, Director of Operations for Spain and Portugal at the EIB, emphasizes that this loan reflects the EIB’s commitment to innovation and the development of renewable energy technologies.
This initiative aims to strengthen the competitiveness of the European offshore wind industry and support the European Union’s climate objectives.

Impact on the energy transition

In 2023, the EIB has allocated over €21 billion to energy security in Europe, including €4.5 billion in Spain.
These investments support Europe’s rapid transition to sustainable energy and reduce its dependence on imported fossil fuels.
In July 2023, the EIB Board of Directors increased the amount allocated to REPowerEU projects to 45 billion euros, aimed at ending Europe’s dependence on fossil fuel imports.

Future prospects

To strengthen the financing of the EU’s manufacturing industry, the ISB now includes strategic technologies with zero net carbon emissions, as well as the extraction, processing and recycling of critical raw materials.
This additional funding will be disbursed by 2027, mobilizing over €150 billion of investment in the targeted sectors.
These initiatives are essential to guarantee the European Union’s energy security and support the transition to a green economy.

Register free of charge for uninterrupted access.

Publicite

Latest news

Clarios launches $1bn project to process critical minerals in the United States
VALOREM launches citizen fundraising for €300mn wind farm in Finland
Belgium legalises extension of two nuclear reactors until 2045
Savannah Energy increases revenues by 19% and strengthens oil assets
Qair launches two hybrid solar plants totalling 30 MWp with storage in Chad

Recently published in

VALOREM launches citizen fundraising for €300mn wind farm in Finland

French group VALOREM is launching a crowdlending campaign in Finland to finance early-stage development of a large-scale wind project in the municipality of Kiuruvesi.
Trump authorises resumption of Empire Wind offshore project near New York
After being suspended in April, the Trump administration lifted the freeze on Equinor’s offshore Empire Wind project, reviving a $2.5bn construction site expected to power 500,000 homes.
en_1140290956540-10
Trump authorises resumption of Empire Wind offshore project near New York
After being suspended in April, the Trump administration lifted the freeze on Equinor’s offshore Empire Wind project, reviving a $2.5bn construction site expected to power 500,000 homes.
en_1140290956540-10
First test of ENERCON’s E-175 EP5 E2 turbine in Germany
ENERCON’s E-175 EP5 E2 prototype fed electricity into the grid for the first time this week. The model is positioned as the new flagship in the German manufacturer’s onshore turbine range.
en_1140290966540-2
First test of ENERCON’s E-175 EP5 E2 turbine in Germany
ENERCON’s E-175 EP5 E2 prototype fed electricity into the grid for the first time this week. The model is positioned as the new flagship in the German manufacturer’s onshore turbine range.
en_1140290966540-2
Norway to award up to 500 MW of floating wind with direct subsidies
Norway has launched a floating wind tender at Utsira Nord, including a subsidy cap of NOK35bn ($3.37bn) despite economic pressures hampering the sector.
en_1140290980540-3
Norway to award up to 500 MW of floating wind with direct subsidies
Norway has launched a floating wind tender at Utsira Nord, including a subsidy cap of NOK35bn ($3.37bn) despite economic pressures hampering the sector.
en_1140290980540-3

$960mn in funding secured for Des Neiges wind project in Québec

BVH1 s.e.n.c., a partnership between Boralex, Énergir and Hydro-Québec, has secured funding for a 400 MW wind project under construction on private land in the Seigneurie de Beaupré.
ENGIE signs preliminary deal to power data centre in Texas
ENGIE North America plans to supply up to 300 MW of electricity to Cipher Mining for a Texas-based data centre through a local wind facility.
en_1140290943540-8
ENGIE signs preliminary deal to power data centre in Texas
ENGIE North America plans to supply up to 300 MW of electricity to Cipher Mining for a Texas-based data centre through a local wind facility.
en_1140290943540-8
Boralex Reports $41 Million Profit Despite Lower Energy Production
Boralex announces quarterly net earnings of CAD 41 million, marked by a 4% decrease in energy production, despite successfully commissioning its first wind farm in the United Kingdom.
en_1140290952540-8
Boralex Reports $41 Million Profit Despite Lower Energy Production
Boralex announces quarterly net earnings of CAD 41 million, marked by a 4% decrease in energy production, despite successfully commissioning its first wind farm in the United Kingdom.
en_1140290952540-8
Greencoat Renewables sells 116 MW Irish wind portfolio for €156mn
Greencoat Renewables sold five onshore wind farms in Ireland to HitecVision for €156mn, enabling the creation of a new joint energy platform focused on the growth of mid-life renewable assets.
en_1140290946540-7
Greencoat Renewables sells 116 MW Irish wind portfolio for €156mn
Greencoat Renewables sold five onshore wind farms in Ireland to HitecVision for €156mn, enabling the creation of a new joint energy platform focused on the growth of mid-life renewable assets.
en_1140290946540-7

Masdar signs agreement with Samruk-Kazyna for renewable energy projects in Kazakhstan

Masdar and Samruk-Kazyna are collaborating to develop renewable energy and storage projects in Kazakhstan, targeting 500 MW of baseload energy and up to 2 GW of storage capacity.
South Africa’s Ishwati Emoyeni wind project reaches financial close for 140MW
The Ishwati Emoyeni project, valued at ZAR4.9bn ($263mn), marks a first in South Africa with a power purchase agreement signed by licensed trader NOA Group and has now entered its construction phase.
en_1140290961540-4
South Africa’s Ishwati Emoyeni wind project reaches financial close for 140MW
The Ishwati Emoyeni project, valued at ZAR4.9bn ($263mn), marks a first in South Africa with a power purchase agreement signed by licensed trader NOA Group and has now entered its construction phase.
en_1140290961540-4
Eurus Energy begins construction of Hajang 5 wind farm at 1,080 metres altitude
Japanese group Eurus Energy has launched the construction of a 13.5 MW onshore wind farm in the Gangwon mountains, with commercial operations scheduled to start in November 2026.
en_1140290962540-3
Eurus Energy begins construction of Hajang 5 wind farm at 1,080 metres altitude
Japanese group Eurus Energy has launched the construction of a 13.5 MW onshore wind farm in the Gangwon mountains, with commercial operations scheduled to start in November 2026.
en_1140290962540-3
Ocean Winds launches final phase with first turbine installed at EMYN
Ocean Winds has installed the first turbine of the EMYN offshore wind farm, triggering the final phase of the project ahead of its commissioning at the end of 2025 and the creation of 85 permanent maintenance positions.
en_1140290958540-6
Ocean Winds launches final phase with first turbine installed at EMYN
Ocean Winds has installed the first turbine of the EMYN offshore wind farm, triggering the final phase of the project ahead of its commissioning at the end of 2025 and the creation of 85 permanent maintenance positions.
en_1140290958540-6

Copenhagen Infrastructure Partners sells 10% stake in Fengmiao I wind farm to Mitsui O.S.K.

Copenhagen Infrastructure Partners’ CI V fund has signed an agreement to divest 10% of its offshore wind project Fengmiao I to Mitsui O.S.K. Lines, with commissioning expected by the end of 2027.
The United Kingdom approves regulatory extension of seven offshore wind farms
The Crown Estate receives ministerial approval to amend seabed rights for seven offshore wind farms, paving the way for an additional 4.7GW of offshore wind capacity.
en_1140290955540-5
The United Kingdom approves regulatory extension of seven offshore wind farms
The Crown Estate receives ministerial approval to amend seabed rights for seven offshore wind farms, paving the way for an additional 4.7GW of offshore wind capacity.
en_1140290955540-5
ERG commissions 18 MW wind farm in northern France
Italian group ERG has completed an 18 MW wind farm in Pas-de-Calais, backed by a 20-year contract for difference and developed without external partners.
en_1140290948540-4
ERG commissions 18 MW wind farm in northern France
Italian group ERG has completed an 18 MW wind farm in Pas-de-Calais, backed by a 20-year contract for difference and developed without external partners.
en_1140290948540-4
The global wind turbine maintenance market to reach $59.67bn by 2030
Rising installations and the integration of predictive technologies are driving the wind turbine operations and maintenance market, projected to hit $59.67bn by 2030, according to MarketsandMarkets.
en_1140290949540-4
The global wind turbine maintenance market to reach $59.67bn by 2030
Rising installations and the integration of predictive technologies are driving the wind turbine operations and maintenance market, projected to hit $59.67bn by 2030, according to MarketsandMarkets.
en_1140290949540-4

Ørsted abandons Hornsea 4 in the United Kingdom due to excessive perceived risks

Danish group Ørsted halts development of its Hornsea 4 offshore wind project in the UK, citing financial and operational risks that no longer guarantee returns for shareholders.
Vestas beats expectations with €5mn profit in Q1 2025
Danish wind turbine manufacturer Vestas posts an unexpected net profit despite tariff tensions and confirms its 2025 outlook.
en_1140290962540-2
Vestas beats expectations with €5mn profit in Q1 2025
Danish wind turbine manufacturer Vestas posts an unexpected net profit despite tariff tensions and confirms its 2025 outlook.
en_1140290962540-2
Clearway invests $60mn in wind with acquisition of Tuolumne project
Clearway Energy strengthens its presence in Washington State with the purchase of the 137 MW Tuolumne wind project, securing a 15-year power purchase agreement with Turlock Irrigation District.
en_1140290973540
Clearway invests $60mn in wind with acquisition of Tuolumne project
Clearway Energy strengthens its presence in Washington State with the purchase of the 137 MW Tuolumne wind project, securing a 15-year power purchase agreement with Turlock Irrigation District.
en_1140290973540
Ørsted sells 24.5% stake in West of Duddon Sands offshore wind farm to Schroders Greencoat
Danish developer Ørsted has finalised the sale of 24.5% of its stake in the UK’s West of Duddon Sands wind farm to funds managed by Schroders Greencoat for GBP456.1mn ($571mn).
en_1140290972540
Ørsted sells 24.5% stake in West of Duddon Sands offshore wind farm to Schroders Greencoat
Danish developer Ørsted has finalised the sale of 24.5% of its stake in the UK’s West of Duddon Sands wind farm to funds managed by Schroders Greencoat for GBP456.1mn ($571mn).
en_1140290972540

Equinor challenges the halt of its Empire Wind project in the United States

Equinor condemned the mid-April suspension of its offshore wind farm Empire Wind 1 near New York, a $2.5bn project halted by U.S. authorities, labelling the move illegal.
The wind shifts: Chinese OEMs struggle to gain traction in the European market
Despite turbines priced 30 to 40% lower, Chinese manufacturers struggle to overcome credibility barriers hindering their progress in the European wind sector.
en_1140290962540-12
The wind shifts: Chinese OEMs struggle to gain traction in the European market
Despite turbines priced 30 to 40% lower, Chinese manufacturers struggle to overcome credibility barriers hindering their progress in the European wind sector.
en_1140290962540-12
Greenvolt sells 83.2 MW wind farm to Enea Nowa Energia for €174.4mn
Greenvolt Power has finalised the sale of the Pelplin wind farm in Poland to Enea Nowa Energia for €174.4mn, reinforcing its large-scale renewable asset monetisation strategy.
en_1140291004540-2
Greenvolt sells 83.2 MW wind farm to Enea Nowa Energia for €174.4mn
Greenvolt Power has finalised the sale of the Pelplin wind farm in Poland to Enea Nowa Energia for €174.4mn, reinforcing its large-scale renewable asset monetisation strategy.
en_1140291004540-2
The first He Dreiht turbine installed at Germany’s largest offshore wind farm
EnBW’s He Dreiht project reaches a major milestone with the installation of the first 15 MW Vestas turbine, marking progress in the construction of the 960 MW wind farm.
en_1140290991540
The first He Dreiht turbine installed at Germany’s largest offshore wind farm
EnBW’s He Dreiht project reaches a major milestone with the installation of the first 15 MW Vestas turbine, marking progress in the construction of the 960 MW wind farm.
en_1140290991540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS