development finance institutions

UN-, Netherlands-backed fund will invest US$850m in 1.7GW clean energy pipeline in African, Asian states, with solar meant to account for 40% of portfolio.

Dutch financier FMO buys 40% stake of FiT-backed, €35 million Kamianka project, scheduled for commercial launch in Q4 2019.

State utility secures over US$20 million in funding to build complex in Kampong Chhnang province and will now tender for developers to deploy a 60MW first batch.

Renewable agency MASEN picks consortium for ~US$2.3bn project combining PV, storage and CSP in bid to benefit from ‘spectacular’ PV cost declines.

Government and World Bank hire impact investor Bamboo to run US$17m scheme meant to improve power access in state still reeling from 2010 earthquake.

Turkish EPC 77 Group secures loans from ADB, CFPS II for project it will build in Kandahar through public-private partnership.

EBRD to help country tender 25MW of PV and 80MW of wind in 2019 and 2020 even as global experts argue 4.5GW of solar is possible if economics improve.

Loan to help FinLux Ellen Sarl allocate kits and appliances to schools, hospitals, businesses and households.

President Lungu cuts red ribbon of 54MW Bangwelulu project, the first to be tendered, financed and built under the World Bank’s Scaling Solar programme.

Land acquisition, corruption and short-termism complicate scaling up solar and others with the speed required by climate change, London event hears.