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 Kazakh solar market is steadily growing amid investment from regional development banks and independent power producers. Total Eren said the 128 MW of generation capacity is just the first of its projects in central Asia.
With the project, the Norwegian developer has 282 MW under construction and project backlog of 123 MW in Ukraine. The 55 MW Chigirin project will benefit from the generous feed-in tariffs which have secured membership of the gigawatt club for the eastern European nation.
The nation’s renewable energy legislation will be updated to expand net metering for projects connected to the medium voltage grid, paving the way for a wave of decentralized installations.
Scatec Solar has connected the next part of its 400 MW tracking and bifacial PV plant to the grid in Egypt’s Benban complex. The entire project is set to fully come online throughout the second half of the year. Meanwhile, the company has also secured additional funding for a 33 MW solar project in Mali.
The European Bank for Reconstruction and Development is seeking consultants for a feasibility study for the project. The plant would be constructed on land owned by the Banque du Liban.
The European Bank for Reconstruction and Development has acquired a $100 million stake in a Turkish renewable energy company as part of its ongoing efforts to diversify clean energy in the country away from hydro power.
Under the supervision of the European Bank for Reconstruction and Development, the Georgian authorities will identify a site for a 50 MW solar project. Tblisi is also seeking help to define an auction mechanism for renewables.
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.
Turkey’s unlicensed solar market has been the powerhouse of new PV capacity. Given the unlicensed segment is coming to an end, investors are questioning the prospects of the licensed alternative. pv magazine has tracked the progress and future potential of Turkey’s licensed PV market.
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