EU finances 100 MW solar plant in Uzbekistan
French energy company Total is developing the solar field near Samarkand, which will sell power to National Electric Networks of Uzbekistan under a 25-year power purchase agreement.
EBRD leads $6m green finance package for Armenia
Private sector businesses will be offered concessional loans to install solar and other climate change related equipment.
Five commercial offtakers for $33m Jordanian solar portfolio
Telecomms, retail and garment manufacturing businesses have signed up to consume the electricity to be generated by eight solar projects in Jordan which will harness grid infrastructure to transfer an estimated 81 GWh of clean power annually.
Solar among the options as Moldova gets €5m credit line
The loan will be supplied by the EBRD and includes €1.25 million of concessional lending provided by the global Green Climate Fund.
First PPA-driven solar rooftop in Egypt
Solarizegypt will receive payments from Coca Cola for a 1 MW array it has installed on an industrial facility in Sadat City under the nation’s net metering regime.
EBRD backs green bond issued by Polish utility
The London-based lender has committed more than €50 million to the €218 million exercise which will cost issuer Tauron more to finance if the utility falls short of its 2030 decarbonization targets.
EBRD provides €75m for 204 MW of solar near Greek coal plants
The development lender will supply three-quarters of the funds as Hellenic Petroleum aims to raise €100 million for a reported 18 solar sites in the nation’s coal heartland.
Egypt to impose ‘merger fee’ on net-metered solar
Law firm Riad & Riad has confirmed the levy will be applied but said the level of the charge had not been determined, despite a report to the contrary in one local newspaper.
Georgia explores green hydrogen
The Caucasian nation could use its hydropower resources to generate the sustainable fuel for transport in its gas pipeline network. An agreement to cost the development of such an industry formed part of a deal which will see the EBRD lend the Georgian Oil and Gas Corporation €217 million to help it through a Covid-19-related cash crisis.
EBRD, KfW provide €135 million loan for next-gen cathode material plant in Poland
The new material is not commercially available yet, but in trials the materials allegedly proved its technical and economical superiority over NMC 622, NMC 811 and NCA batteries.
