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Albanian deputy prime minister and minister of infrastructure and energy Belinda Balluku announces the auction. Image: Albanian Ministry of Infrastructure and Energy

Albania launches auction for 300MW of new PV capacity

January 17, 2024
Albania has launched its fifth round of auction for new PV projects, and is aiming to add 300MW of new capacity to the country’s energy grid.
An LA Solar manufacturing facility in Armenia, to which the EBRD provided funding. Image: EBRD via Flickr

EBRD invests €100 million into Taaleri Energia’s latest renewables fund

January 9, 2024
The European Bank for Reconstruction and Development (EBRD) has invested €100 million to into Taaleri Energia's renewables fund SolarWind III.
As per the agreement, MN8 can issue additional notes in 2026 and 2027 as more projects become operational. Image: Unsplash

COP28: North Macedonia to seek financing for 1.7GW of renewables by 2030

December 4, 2023
North Macedonia has announced plans to deploy 1.7GW of renewable energy capacity by 2030 and entirely phase out its coal power generation fleet.
The Kom Ombo solar project will have a capacity of 200MW. Image: OPEC Fund for International Development

ACWA Power reaches financial close for 200MW Kom Omba solar project in Egypt

August 31, 2023
Saudi Arabian power company ACWA Power has reached financial close for its 200MW Kom Omba solar project in southern Egypt.
Image: PJ Gal-Szabo via Unsplash.

Romania to launch first round of CfD in September, seeks 1GW of solar PV

August 9, 2023
Romania has released information concerning its upcoming first round of Contract for Difference (CfD) which seeks 1GW of solar PV.
The agreement spans a duration of 25 years and is valued at SAR22.5 billion (US$6 billion). Image: ACWA Power

ACWA Power obtains US$123 million for 200MW project in Egypt

April 25, 2023
Saudi energy provider ACWA Power has secured a US$123 million financing package to develop a 200MW solar PV project in Egypt.
Image: EBRD

Albania set to tender 300MW of solar power by June

April 24, 2023
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.
Image: Neven Myst on Unsplash.

Bulgaria, EBRD sign key renewables agreements

April 4, 2023
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.
Image: Endesa

EBRD provides financing for 150MW of solar in Turkey

September 6, 2022
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.
Large-MBR-Solar-Park-Phase-3

Masdar achieves financial close on 230MW Azerbaijan PV project

August 5, 2022
UAE-owned renewable energy company Masdar has achieved financial close on its first Azerbaijan solar project with a capacity of 230MW.

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