ebrd

North Macedonia has announced plans to deploy 1.7GW of renewable energy capacity by 2030 and entirely phase out its coal power generation fleet.

Polish renewables developer R.Power has secured a €75 million (US$79.5 million) investment from the European Bank for Reconstruction and Development (EBRD).

Romania has released information concerning its upcoming first round of Contract for Difference (CfD) which seeks 1GW of solar PV.

French energy company Voltalia has secured €29 million (US$31.9 million) from the European Bank for Reconstruction and Development (EBRD) to develop a 140MW solar plant in southwestern Albania. 

Saudi energy provider ACWA Power has secured a US$123 million financing package to develop a 200MW solar PV project in Egypt.

Albania is set to launch a tender for 300MW of solar power as part of the European Bank for Reconstruction and Development’s (EBRD) renewable energy auction programme in the country.

The Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) have signed two agreements for the development of renewables in the country.

The European Bank for Reconstruction and Development (EBRD) is providing up to US$100 million in financing to support the development of 150MW of solar in Turkey.

Enefit Green, the renewables subsidiary of Estonian state-owned utility Eesti Energia, is looking to procure up to 500MW of solar modules in the next three years.

A 12.9MW floating PV plant is set to be deployed at a hydropower reservoir in Albania thanks to a loan provided by the European Bank for Reconstruction and Development (EBRD).