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.
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.
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.
Total Eren breaks ground on 128 MW of solar capacity in Kazakhstan
The Kazakh solar market is steadily growing amid investment from regional development banks and independent power producers. Total Eren said the 128 MW of generation capacity is just the first of its projects in central Asia.
Scatec Solar secures financing for 55 MW solar plant in Ukraine
With the project, the Norwegian developer has 282 MW under construction and project backlog of 123 MW in Ukraine. The 55 MW Chigirin project will benefit from the generous feed-in tariffs which have secured membership of the gigawatt club for the eastern European nation.
Morocco’s medium voltage PV market will open this year
The nation’s renewable energy legislation will be updated to expand net metering for projects connected to the medium voltage grid, paving the way for a wave of decentralized installations.
Lebanon’s Tufail region may host planned 500 MW solar plant
The European Bank for Reconstruction and Development is seeking consultants for a feasibility study for the project. The plant would be constructed on land owned by the Banque du Liban.
EBRD investment marks further commitment to Turkish renewables
The European Bank for Reconstruction and Development has acquired a $100 million stake in a Turkish renewable energy company as part of its ongoing efforts to diversify clean energy in the country away from hydro power.
