The Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) have signed two agreements for the development of renewables in the country. A key part of the National Plan for Recovery and Sustainability, the agreements will support the growth of new solar PV capacity as well as energy storage within the […]
EBRD Publishes Tender To Build 12.9 MW Floating Solar Power Plant For Albanian Lake
EBRD has published a tender for 12.9 MW floating solar power plant to come up in Albania It will be located on a lake of 1.35 GW Vau I Dejes Hydropower Plant and implemented by SENA Selected bidder will be expected to design, build and operate the facility to be funded through a loan or […]
EBRD invests PLN 80 million in R.Power green bonds in Poland – EQ Mag Pro
EBRD invests PLN 80 million (€17 million) in R.Power green bonds in Poland Transaction supports roll-out of solar PV projects in Poland Transaction will also support R.Power’s growth, local capital markets development The EBRD is investing PLN 80 million (€17 million equivalent) in green bonds issued by R.Power S.A., a vertically integrated solar PV developer […]
Masdar Raises $51 Million From EBRD For 230 MW Azerbaijan Solar Project – EQ Mag Pro
The European Bank for Reconstruction and Development (EBRD) has approved a loan of $51 million for a 230 MW solar power plant in Azerbaijan that Abu Dhabi Future Energy Company Masdar calls the country’s 1st foreign investment based independent power producer (PP) project. Masdar has been constructing the Garadagh Solar PV Plant since March 2022 […]
EBRD to allocate USD 51 mln. for construction of Garadagh Solar Power Plant – EQ Mag Pro
The European Bank for Reconstruction and Development (EBRD) has allocated a long-term preferential loan in the amount of USD 51 million for the development, construction and further operation of the Garadagh Solar Power Plant to be built in Azerbaijan by the UAE’s Masdar Company, APA-Economics reports quoting the EBRD. The loan, which is currently undergoing […]
EBRD lends PLN 212 million to build Poland’s largest solar PV plant at Zwartowo – EQ Mag Pro
EBRD supports construction of Poland’s biggest solar PV plant with PLN 212 million loan CO2 emissions savings of over 138,000 tonnes Zwartowo plant will strengthen Poland’s energy security, accelerate move away from coal The European Bank for Reconstruction and Development (EBRD) is lending PLN 212 million (€46 million equivalent) for the construction and operation of […]
Masdar Submits Lowest Bid for Uzbekistan’s Sherabad PV Solar Project
UAE-based Masdar has submitted the lowest bid for the planned 200MW Sherabad photovoltaic (PV) solar independent power producer (IPP) project in Uzbekistan. Masdar’s bid of $cents1.8045/kWh was the only bid below $2cents/kWh. The consortium of China’s Jinko Power and China Power Holding International submitted the second lowest tariff of $cents2.1621/kWh. Saudi Arabia’s Acwa Power submitted […]
Total Eren Secures the Financing of the Tutly Solar Project in Uzbekistan From EIB, EBRD, and PROPARCO
Total Eren Secures the Financing of the Tutly Solar Project in Uzbekistan From EIB, EBRD, and PROPARCO. For more information please see below link:
India’s Sterling & Wilson to proceed with Egypt solar project
ACWA Power secures US$114 million financing package for 200MW Kom Ombo facility. Saudi power developer ACWA Power has secured a US$114 million financing package for the construction of the largest private solar power plant in Egypt. The 200MW Kom Ombo plant will be located less than 20 kilometres from Africa’s biggest solar park, the 1,800MW […]
Egypt’s Kom Ombo solar plant signs US$ 114 million financing package
The new Kom Ombo plant will be located less than 20 km from Africa’s biggest solar park, the 1.8 GW Benban complex. The European Bank for Reconstruction and Development(link is external) (EBRD), the OPEC Fund for International Development(link is external) (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund(link is external) (GCF) […]