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European Bank for Reconstruction and Development

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.

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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.

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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.

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EBRD and pensions investor announce €500m, five-year climate package

The ILX pension fund investor set up with the backing of German, Dutch and British public money has committed to join the EBRD in providing the finance for climate-related investment across the lender’s sphere of influence.

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EBRD package to pay for 27 MW of solar in Turkish city

The London-based development institution will offer up a loan and grant to fund the construction of five solar plants at municipal sites across Gaziantep, as part of the lender’s Green City program.

The Hydrogen Stream: Air Liquide eyes South Korea as Cummins announces fuel-cell truck plans

With Australia prepping plans for vast green hydrogen and ammonia production facilities, two of the country’s state governments are trying to drum up the end-user market as agreements are signed to drive use of the gas in Ukraine and Poland.

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Greece’s 680 MW pumped storage project seeks investors

Developer Terna Energy claims the Amphilochia pumped hydroelectric energy storage project has entered the final stretch. If built, the large scale facility can boost Greece’s independence from fossil fuels and the government’s strategy for a coal-free electricity system by 2025.

EBRD furthers green agenda in Slovakia, Serbia and Uzbekistan

The London-based development finance provider has made more than €50 million available for sustainable investment across three separate credit lines recently.

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