The Juncker Plan has provided its support to a €70 million European Investment Bank (EIB) loan to Talasol Solar to help finance the construction and operation of a new solar energy power plant. The plant will be one of the largest in Spain. It will have an annual electricity generation capacity of approximately 537 gigawatt hours of electricity a year, preventing some 263,000 tonnes of CO2 emissions each year...
Commissioner for Climate Action and Energy Miguel Arias Cañete said: “This new Juncker Plan agreement couldn't be timelier, as last week in Katowice we showed the world how the EU can lead the fight against climate change, for a prosperous, competitive and climate neutral economy by 2050. And sustained investments in the energy of tomorrow are instrumental in this endeavour. We will ensure that no region is left behind, and I'm particularly glad to see that Extremadura will benefit from this great project in terms of growth, jobs and regional development.” As of December 2018, the European Fund for Strategic Investments (EFSI) at the heart of the Juncker Plan has already mobilised €371.2 billion of investment across Europe, including over €46 billion in Spain alone. A full press release is available here.
