You know, they say that complicated problems require creative solutions, but inventing a never-before-seen type of island and then building it off the coast of Belgium is definitely a new one to us. Nevertheless, that’s precisely what’s happening: the European Investment Bank (EIB) has approved a €650 million (around US$705 million) loan for the construction of Princess Elisabeth Island – a landmass set to be the world’s first ever artificial “energy island”. It’s a project being run by Belgium’s high-voltage grid operator Elia Transmission Belgium. Once complete, the company projects an outpu…