EBRD, Green Climate Fund to help finance 30 MW in Kazakhstan
The international financial institution and the South Korea-based fund have agreed to jointly lend $16.7 million to Chinese developer Universal Energy to build a 30 MWp solar project in the eastern part of the Central Asian country.
ADB provides $11.5 million for 50 MW PV project in Kazakhstan
The Asian Development Bank has signed an agreement to finance a project in the south of the central Asian nation.
BNEF: Cheap finance is key to PV deployment in the developing world
While solar is lauded as a cheap energy resource in OECD countries, the cost of financing PV projects in developing nations has impeded progress. Development banks and the Clean Technology Fund they finance have played a key role in providing access to cheap financing for clean energy projects in many markets.
Risen Energy completes 40 MW solar project in Kazakhstan
Since 2012, Kazakhstan has shown increased interest in its energy transition and put in place supportive regulations. The country lies in the path of China’s ‘One Belt, One Road’ initiative, which unlocks large-scale infrastructure investments.
100 MW Saran solar park commissioned in Kazakhstan
The SES Saran solar project is in the Karaganda region. The project was financed by the European Bank for Reconstruction and Development and built by German developer Goldbeck.
EBRD inks loan agreement for 100 MW in Kazakhstan
The European Bank for Reconstruction and Development (EBRD) and Joachim Goldbeck Holding GmbH have joined forces for the construction of a 100 MW in the Karaganda region of Kazakhstan.
EBRD loan for 28 MW solar project in Kazakhstan
The European Bank of Redevelopment and Construction (EBRD) will provide financing for an up to 28 MW solar PV park, to be developed by Nomad Solar in Kazakhstan.
Lowest bid in Kazakhstan’s first solar auction reaches $0.05170/kWh
Four PV projects totaling 170 MW were selected in the first of a series of RE auctions to be held this year. Overall, the Kazakh government is planning to assign 290 MW of solar and a total of 1 GW of renewable energy capacity.
Central Asian PV markets create a buzz
Indian solar EPC Sterling and Wilson says it wants to construct 200 MW of PV in Kazakhstan in the next two years, and is eager to get a slice of the Uzbek market too.
Zorlu Energy plans 50 MW solar project in Kazakhstan
The Turkish company has signed a framework agreement with the Kazakh Ministry of Energy and with the Turkestan district local authority for the large-scale project, which will be in the southernmost, sunniest part of the country.
