Skip to content

European Bank for Reconstruction and Development

European developer reaches financial close on 10 MW of solar in Tunisia

European renewables developer Qair will build a 10 MW solar plant in western Tunisia with a €3.9 million ($4.2 million) loan from the European Bank for Reconstruction and Development (EBRD), as well as to up to €1 million in concessional funding from Finland.

Egyptian solar set to expand beyond the massive 1.8 GW Benban PV project

In this edition of the Weekend Read, we turn to Egypt. The gigawatt-scale Benban project showcases the North African country’s solar potential, and premium prices for gas exports make the case for a more diverse energy mix. A nation with grand renewables targets – but slow installation rates – may finally be weaning itself off fossil fuel resources.

Serbia allocates quota for solar auction, determines market premium

The Serbian government has allocated a quota of 50 MW for its first solar auction. Solar plants with capacity of more than 500 kW will be allowed to participate in the competitive tendering process, with the ceiling price set at €90 ($96.10)/MWh.


UK developer acquires Europe’s largest PV project

UK independent power producer Rezolv Energy has acquired the late-stage development rights to a 1,044 MW solar project in Arad county, Romania. The Eastern European country is preparing to roll out a contract-for-difference (CfD) scheme early next year to deploy 3.5 GW of solar and wind.


The weekend read: Central Asian solar on the rise

Utility-scale solar is stirring in the region, with support from development banks. Following a series of competitive auctions, PV projects have been commissioned and are under development in Uzbekistan and Kazakhstan. In the latter nation, corporate interest in distributed, small-scale renewables is growing but for further market uptake, additional incentives should be introduced, practitioners say.


EBRD loan to fund 150 MW of solar in Turkey

The European Bank for Reconstruction and Development will contribute up to $100 million to support 150 MW of solar capacity, plus 53 MW of wind.

Total Eren heralds another 100 MW of Uzbek solar

The central Asian nation went from 4 MW of grid-connected solar to 104 MW in just 12 months and Total Eren’s latest announcement indicates an ambitious national goal of adding 12 GW of renewables this decade may not be so fanciful.

Lebanon issues 11 solar licenses for 165 MW

The Lebanese government has approved 11 licenses for 165 MW of PV capacity. The licenses are part of a 180 MW solar tender that the country initiated in January 2017.


EBRD stumps up €46m for ‘Poland’s biggest solar park’

The London-based international lender has provided finance for the “up to 286 MW” project alongside Poland’s two biggest retail banks.


African Development Bank offers local-currency credit to Nigeria’s clean power developers

Lack of locally-denominated finance, and of sufficiently long-term loans, are well established hurdles to the development of photovoltaics in Africa.


This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.