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EBRD

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.

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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.

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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.

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EBRD earmarks $22 million for 50 MW Jordan PV plant, $100 million for green bonds

The European Bank for Reconstruction and Development is providing a US$22 million shot in the arm for a 50 MW solar power plant in the Risha region developed by Saudi ACWA Power. The bank has also announced plans to invest up to $100 million to back development of the green bond markets, and pledged its support to city climate projects allocating over $500 million with an eye to scaling up green urban financing.

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EBRD to provide financial assistance to International Solar Alliance

International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed the joint financial partnership declaration to support solar energy projects developed under ISA programs.

400 MW PV project in Egypt reaches financial close

Norwegian project developer Scatec Solar has announced financial close on six projects totaling 400 MW, to be built as part of the enormous 1.8 GW Benban Solar Park located in upper Egypt.

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