development banks

August 16, 2018
The European Bank for Reconstruction and Development (EBRD) is providing a €31 million loan for a 30MW solar project in the Kyzylorda region of Southern Kazakhstan, sponsored by Total EREN and Access Infra Central Asia.
June 18, 2018
The World Bank has committed funding to support 400MW of solar energy projects in the Sindh Province of Pakistan.
February 7, 2018
Local firm Gostaresh Energy No Atiyeh has completed a 10MW solar PV project in the Yazd Province of central Iran.
November 17, 2017
The German Development Bank (KfW) and the African Trade Insurance Agency (ATI) have set up a new credit facility instrument built to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale renewable energy projects (up to 50MW).
October 27, 2017
The bank noted that more than five million people could be reached through solar PV.
August 9, 2017
Cubico Sustainable Investments has reached financial close for a 350MW solar plant in Mexico.
June 29, 2017
South Korean government-owned financial institution Korea Development Bank (KDB) has issued its inaugural Green Bonds to raise US$300 million.
June 18, 2017
The World Bank announced last week that its Board of Executive Directors approved the Second Energy Sector Project, which will help strengthen Mongolia’s electric grid and develop a 10MW installation within the country.
June 9, 2017
The European Bank for Reconstruction and Development (EBRD) has approved US$500 million of financing for 750MW of PV projects in Egypt.
June 9, 2017
Whilst African solar is still firmly an emerging market, investors have confirmed that issues remain with development finance, insofar as it is holding back the market from truly taking off. Whilst development finance institutions (DFIs) are a crucial part of allowing the market to find its feet, the continent’s economic infrastructure needs to move beyond the realm of development finance for commercial financiers to be enticed.

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