EBRD

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.

The final segment in pv magazine’s look at unsung solar markets heads to Ukraine, where a generous feed in tariff and developments in the corporate PPA segment looks likely to push installations past the 1 GW mark for 2019.