17 Aug 2021
BBVA and Windar Renovables, a leading global manufacturer of towers for onshore and offshore wind farms and foundations for offshore wind farms, have signed a sustainable invoice factoring line worth a total €50 million. The proceeds of the agreement will be used to finance a contract related to the Baltic Eagle offshore wind project, recently awarded to the company. This sustainable financing scheme, Windar Renovables’ first ever, will allow the company to, through the non-recourse sale of its invoices, muster the financial resources it needs to honor its contract obligations.
23 Apr 2021
Garanti BBVA has managed to achieve carbon neutrality by reducing its direct carbon dioxide (CO2) emissions to zero.
10 Jun 2019
How is the electricity market changing with the arrival of renewable energy? How will green energy and its marketing evolve? Are companies advancing in the transition to a decarbonized economy at the pace the planet needs? These are some of the questions posed in the event organized by the newspaper El País “Marketing renewable energy” on June 6th.
11 Mar 2019
In 2019, the Business 20 (B20) – considered to be the private sector’s voice of the G20 – is seeking to showcase innovative projects that contribute to the fulfillment of the United Nations’ Sustainable Development Goals (SDGs). To this end, business members of this advisory body to the G20 have submitted proposals for projects that make a significant social impact. BBVA is the only Spanish bank whose five project submissions are among those selected.
24 Aug 2016
Renewable energies are not only an investment opportunity, a response to the planet's urgent need for sustainability and a change that will improve our lives –they can also rescue remote populations from their isolation and help ease their problems. Microgrids are making giant strides in every corner of the world, combining goals and mobilizing interests.
21 Jul 2016
Wind has garnered a reputation for being not only an environmentally-friendly, but also a wallet-friendly alternative to produce electricity at a utility-scale level. This is in sharp contrast to the U.S. debut of large wind farms in 1980, which were primarily in response to environmental concerns and emissions reductions standards. Moreover, estimates on the cost of producing electricity with wind energy have been trending downward, making wind energy competitive with conventional energy sources, even after taking into account both government incentives and the historically low prices of natural gas and coal.
14 Jul 2016
In just a few years, Chile has left behind a power generation landscape dominated by conventional generation sources to become one of world’s top-investors in non-conventional renewable energy projects (NCRE) and one of the regional leaders in solar power technology. The boom is driven by factors such as an extensive coastline, a desert under recurrently clear blue skies and regulations that encourage operators