Development financier walks PV Tech through project milestones under first solar-only stage of renewable programme, set now to diversify with €300m funding extension.
The European Bank of Reconstruction and Development (EBRD) will provide a senior loan of up to US$12 million on a project finance basis to Zhangiz Solar LLP for the development, construction and operation of a new PV installation.
ADB supports 50MW Kazakhstan PV project, Siddiqsons applications for 100MW in Pakistan, ABB supplies 9MW Greece solar plant, Sonnedix refinances 32MW solar portfolio in France, Eni commissions solar water system in Angola.
Risen Energy has formally connected a 40MW photovoltaic power station project in Kazakhstan to the national grid. With this development, Risen Energy stands as the first privately-owned enterprise investing in the construction of PV installations in Kazakhstan.