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German bank marks 1,000th renewables loan

German development bank KfW has announced its one-thousandth loan at preferential rates to renewable energy projects, under a government scheme launched in September 1999. Total investment by the bank to date has been €233m, funding projects with a capacity of 100 megawatts (MW) of electricity and 500 MW of heat. Most of the money so far, some €171m, has gone to biogas utilisation projects, followed by biomass incineration (€37m) and hydroelectric schemes (€25m). See KfW press release.

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