Nuru: Lighting Up DRC's Urban Areas with Solar
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.
Jul 4, 2023 // Markets & Finance News, ifc, Africa, GEAPP, Nuru
IFC signs funding mandate for Voltalia's solar-storage project in Malawi
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.
Apr 19, 2023 // Markets & Finance News, Storage, Voltalia, ifc, Africa, PV Power Plant, Malawi
IFC to Help Kyrgyzstan Develop Renewable Projects Through PPP Model
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.
Jan 19, 2023 // Markets & Finance News, Policy, Asia, world bank, international finance corporation, ifc, Solar Project, Kyrgyzstan, Muneer Ferozie, Taalaibek Ibraev
International Finance Corporation Will Finance 600MW Solar Power Park in India
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
Mar 16, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Solar Energy, Asia, international finance corporation, ifc, mnre, Renewable Energy, Solar Park, RE, Uttar Pradesh, TUSCO, Ultra Mega Solar Parks
IFC to aid fund 50 MW of PV in Niger under Scaling Solar
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.
Jun 17, 2021 // Markets & Finance News, ifc, Africa, Scaling Solar, Niger, Mahamane Sani Mahamadou
IFC as well as EBA to fund solar photovoltaic watering
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.
Nov 23, 2020 // Plants, Large-Scale, Asia, ifc, Africa, Egypt, ABE
IFC, EBRD, and also EU to Support First Solar Project in Armenia
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.
Jul 16, 2020 // Plants, EBRD, Europe, Armenia, ifc, EU, International, solar projects, Mikel de Irala, IFC EBRD EU Armenia Solar, Cheryl Edleson Hanway
IFC Grants $25 Mn to NMB Bank to Boost Green Financing in Nepal
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
Jul 2, 2020 // Markets & Finance News, green financing, Asia, ifc, finance, smes, IFC Green Nepal, Nepal
Solar a-listers advanced bids for 200MW tender in Uzbekistan
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.
Mar 10, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, ADB, Asia, world bank, ifc, Uzbekistan
IFC to help Bangladesh find IPP for 35-50MW solar project
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.
Jan 7, 2020 // Plants, Large-Scale, Commercial, Germany, Europe, Asia, world bank, ifc, Bhutan
IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania
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
Dec 24, 2019 // Markets & Finance News, Europe, ifc, BT Leasing, Romania, sustainable energy
IFC backs Uzbekistan's 900-MW solar PPP plan
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.
Oct 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, ifc, Uzbekistan, Georgina Baker
Financiers get behind 296MWdc merchant bifacial project in Mexico
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.
Sep 19, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, bifacial, Latin america, ifc, Mexico, North America, frv, fotowatio
IFC: Papua New Guinea becomes global off-grid solar hotspot
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.
Aug 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, China, solar pv, Papua New Guinea, png, world bank, off-grid solar, solar lamp, solar lighting, Oceania, international finance corporation, ifc