EBRD

The French renewables company Voltalia has won the contract for the building and also operation of a 100 MW solar plant in Albania following its effective bid in a tender run by the Albanian Ministry of Infrastructure and Energy.

UAE-based solar programmer Yellow Door Energy has increased $31.2 million finance to develop dispersed solar projects in Jordan.

With the help of the EBRD's Green Economy Financing Facility (GEFF) in Egypt, which is sustained by the European Union, Egyptian solar firm SolarizEgypt applied the first roof photovoltaic system with a private-to-private power acquisition contract (PPA) in the country.

Sustaining the biggest renewable resource project in Greece, EBRD is spending EUR 75 million in the successful Eurobond tap issuance by HELPE.

The $155,4 million project was secured by the Saudi energy giant with a tender held in 2019. The center will sell power at a rate of $0.02752/ kWh.

The new product is not commercially readily available yet, but in trials the materials presumably confirmed its technical and also cost-effective supremacy over NMC 622, NMC 811 and also NCA batteries.

IFC, EBRD and also the EU have joined to sustain the advancement of the first utility-scale solar energy plant in Armenia, the 55 MW Masrik Solar Project.

Albania’s government is to find developers of a utility-scale solar project via a new auction later this year, complemented by plans to examine how PV can grow more extensively across the country.

EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood

The European Bank of Reconstruction and Development (EBRD) is considering investing US $60 million in renewables developer Infinity Energy, a subsidiary of Egyptian conglomerate Mansour Group.

De Raj Group and STC Energy have struck a deal to deploy an 88.371MW solar portfolio near Kiev, in a bid to capitalise on Ukraine’s feed-in tariff (FiT) scheme.

State-owned power company Elektrani na Severna Makedonija, which is developing a 10 MW solar project at its coal plant in Oslomej, is planning to stop seeking a coal alternative to its depleted lignite mine and to instead expand the solar scheme to fully replace an ageing 125 MW thermal plant.

The European Bank for Reconstruction and Development (EBRD) is to spearhead the multi-million-euro new phase of Kazakhstan’s renewable programme, now set to progress from a PV-only first phase.

The European Bank for Reconstruction and Development is helping the Kosovan government develop a competitive scheme for the award of payments to renewable energy generators. The Balkan state wants to add 400 MW of clean energy capacity by 2026.

With grid capacity a limiting factor, the Middle Eastern country has moved to foster private-to-private solar projects to meet industrial power demand.