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European Bank for Reconstruction and Development

Albanian utility set to move forward with 12.9 MW floating PV project

Korporata Elektroenergjetike Shqiptare began development of the €13.9 million facility in December 2018. The European Bank for Reconstruction and Development is considering lending €9.5 million to a project which it is said would help reduce the electric company’s reliance on hydro revenues.

Uzbekistan pitches for 5 GW of solar by 2030

The country’s previous solar target was 4 GW by 2031. Around 1.4 GW of large scale projects are expected to be tendered this year, according to a document published by the Ministry of Energy.

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Armenia aims to improve net metering for small scale solar

The government is being helped by the European Bank for Reconstruction and Development as it designs a new net metering system. The country already supports large scale PV plants and small solar parks.

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North Macedonian utility plans three more tenders for 110 MW of solar

State-owned Elektrani na Severna Makedonija will begin construction on a 10 MW solar plant at its redundant coal plant in Oslomej after signing the engineering, procurement and construction deal with a Turkish contractor. The utility is planning to tender a 10 MW extension of the plant and two more 50 MW solar facilities.

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EBRD to lend €183m to help Egypt connect 1.3 GW of renewables

The European Bank for Reconstruction and Development is offering the funds to Egypt’s transmission system operator to strengthen the country’s grid to host more renewable energy in anticipation of rising power demand over the coming decade.

EU lender pitches in for LG Chem battery gigafactory in Poland

The European Bank for Reconstruction and Development is lending €250 million for a project which has expanded from producing an initial 100,000 EV batteries per year to an hoped-for 1 million by 2022, creating 1,000 new jobs along the way.

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North Macedonian utility embraces solar at expense of coal

State-owned power company Elektrani na Severna Makedonija, which is developing a 10 MW solar project at its coal plant in Oslomej, is planning to stop seeking a coal alternative to its depleted lignite mine and to instead expand the solar scheme to fully replace an ageing 125 MW thermal plant.

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Kosovo planning auction scheme for solar and wind capacity

The European Bank for Reconstruction and Development is helping the Kosovan government develop a competitive scheme for the award of payments to renewable energy generators. The Balkan state wants to add 400 MW of clean energy capacity by 2026.

Scatec reaches commercial operation for another 112 MW of capacity

The Norwegian developer has opened plants in Ukraine and Egypt. Scatec Solar recently announced it managed to triple energy production in the last year.

Orange Jordan adds 37 MW of solar under ‘wheeling’ scheme

With grid capacity a limiting factor, the Middle Eastern country has moved to foster private-to-private solar projects to meet industrial power demand.

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