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European Bank for Reconstruction and Development

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.

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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.

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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.

Georgia preps 50 MW solar auction

Under the supervision of the European Bank for Reconstruction and Development, the Georgian authorities will identify a site for a 50 MW solar project. Tblisi is also seeking help to define an auction mechanism for renewables.

Fotowatio starts commercial operations at latest Jordan project

The Saudi-owned developer has announced an ambition to have installed 5.8 GW of renewables capacity by 2024 and took a small step in that direction with its 66.7 MW Al Safawi Solar Plant.

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EBRD to help Lebanon’s solar plus storage tenders

The nation has plans for two ambitious renewable energy tenders but the procurement process is dragging and Lebanese institutions lack experience in designing such schemes. A solution will be provided by Europe.

Developers in the dark over reported 25% hike in Benban investment costs

The association that represents developers operating at the 1,465 MW solar project in Egypt – due for completion in June – say they have been told nothing about a rumored rise in investment costs caused by more expensive construction materials.

Development banks unlock €38 million for Ukrainian PV plant

Black Sea and European lenders have loaned €19.1 million each to a 57 MW solar plant in southern Ukraine, as the country scrambles to renew its electricity sector. The EBRD is committed to lending €250 million to renewables projects in Ukraine to help the country to meet its 11% clean energy target for 2020.

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