11 July 2025
11 July 2025
Project financing was secured for €4.1bn ($4.8bn) from 24 international banks.
This renewable energy initiative will be developed on newly reclaimed barrier islands 4km from Male/Hulhumale.
The EIB, the UNDP and GIZ will work with Ukrainian municipalities.
The deal includes contributions from 25 banks and five export credit agencies.
The expanded contract ensures reliable hydrogen for Plug's expanding applications business while aiming to reduce costs and improve cash flows.
The project will strengthen frequency regulation, voltage stability and power transfer between Germany, France and Switzerland.
This renewable energy initiative will be developed on newly reclaimed barrier islands 4km from Male/Hulhumale.
The EIB, the UNDP and GIZ will work with Ukrainian municipalities.
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