ifc

IFC and SIMA Funds join forces to finance solar projects in Africa, supporting small businesses and promoting sustainable energy solutions. A game-changer for the continent's solar sector.

Renewable energy-powered metrogrid company Nuru has secured $40 million in Series B equity funding to construct 13.7 MWp of projects in the eastern Democratic Republic of the Congo, providing reliable and renewable energy to urban communities and promoting climate resilience and sustainable development.

The International Finance Corporation (IFC) has actually signed a mandate to prepare funding for a 55-MW solar project with a battery storage component proposed by France's Voltalia SA (EPA: VLTSA) in Malawi.

Concerning 100-150 MW of grid-connected solar energy will be attached through the partnership. IFC will certainly advise Ministry of Energy and the Ministry of Economy and Commerce, Kyrgyzstan, on structuring a public-private partnership (PPP) to mobilize economic sector experience and capital to construct and run a pilot solar plant.

The solar power park project will certainly be developed by TUSCO in Uttar Pradesh. Last year, the IFC had made a crucial financial investment of $126 million in the Federal Band-- a private sector bank-- in India for the development and development climate pleasant projects

The International Finance Corp (IFC) will certainly companion with the federal government of Niger to back the construction of up to 50 MW of grid-connected solar parks in the landlocked West African nation.

A collaboration has just been established in between the International Finance Corporation (IFC), the World Bank subsidiary in charge of economic sector financing, and also the Agricultural Bank of Egypt (ABE). The partnership intends to fund solar-powered watering systems in Egypt.

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.

IFC is offering a USD 25 million lending to NMB Bank to increase financing for eco-friendly projects and tiny and also average enterprises (SMEs) in Nepal

Several of the globe's leading PV gamers stand among the lots of candidates for a 200MW solar agreement in Uzbekistan, the very first project of a collection backed by advancement investors.

Development financiers are looking to lure in private players to deploy utility-scale solar in the world’s most densely populated country, hoping to combat land shortages for renewables.

IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania

The Uzbek government will rely on support from the International Finance Corporation (IFC) for new public-private partnership (PPP) tenders that will award up to 900 MW of solar projects.

Fotowatio Renewable Ventures (FRV) has lined up finance for a major bifacial solar project it will develop in Mexico’s centre without the help of subsidies.

A mixture of development support, market economics and awareness programmes have propelled Papua New Guinea to the forefront of global off-grid solar, according to a new report.