Serbia to switch from FIT to feed-in premiums and auctions
With its feed-in tariff program set to expire at the end of the year, Serbia will be looking to introduce new mechanisms to support renewables in the form of feed-in premiums and auctions. The country’s PV uptake is still in its nascent stage however, with abundant regulatory obstacles still in place
Mongolia’s largest PV power plant financed by EBRD & partners
The European Bank for Reconstruction and Development (EBRD) and investment partners will provide a $30.7 million syndicated loan to finance a 30 MW power plant, which EBRD says will be the first large-scale solar installation built in Mongolia.
EBRD helps Morocco assess its renewable energy injection capacity
The international financial institution is assisting the grid operator of the Northern African country, ONEE, in evaluating the current capacity of its very high voltage (VH) and high voltage (HV) networks to absorb additional power from renewables.
EBRD, Energy Secretariat issue guidelines for RE auctions in southeastern Europe
After releasing the guidelines for the grid integration of distributed generation power generators in February, the Energy Community Secretariat has now provided new instructions to help governments of southeastern European countries launch auction mechanisms to support large-scale solar and renewables.
IFC, EIB and EBRD commit $424.5 million in green bonds for emerging markets
Three of the world’s leading development finance institutions (DFIs) commit US$424.5 million of investment in green bonds, specifically for developing markets.
Kness Group secures financing for 33.9 MW of solar in Ukraine
The Ukraine-based developer has been granted two different loans from the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF). The three solar plants will be located in the Vinnitsa region of western Ukraine.
EBRD poured €4.1 billion into green financing in 2017
The European Bank for Reconstruction and Development drastically increased its climate financing last year, with the €4.1 billion invested in the green economy representing 43% of the bank’s entire activity last year.
Jordan Water Authority launches tender process for two PV projects totaling 30 MW
The authority has issued two invitations for the prequalification of two solar projects, with a capacity of 6 MW and 24 MW, respectively, that are planned to be built at two water stations.
French company attracts $12.7 million funding for Kazakhstan solar project
France-based Urbasolar SAS has attracted around US$12.7 million in funding for its planned 14 MW solar PV project in Kazakhstan.
Albania’s ERBD-supported 50-100 MW solar auction moves forward
The European Bank for Reconstruction and Development (EBRD) and the country’s Ministry of Energy are now seeking consultants for the implementation of the competitive bidding process.
