mongolia

June 13, 2019
Completion of Khushight Khundii project marks boost for developer of first ever utility-scale PV installation in landlocked steppe nation.
March 20, 2019
Debt package to support Sermsang Khushig Khundii Solar Project plus 14-kilometre transmission line and upgrades to neighbouring substations.
January 29, 2019
After signing off on a financing partnership with the Green Climate Fund (GCF), XacBank has become the first private bank in Mongolia to fund the completion of a large-scale PV project.
November 5, 2018
Singapore's EDB consults on 100MW floating solar, ADB funds Mongolia 41MW distributed solar-wind-storage project, Solarcentury to install solar panels at Moi International Airport in Kenya.
September 24, 2018
The Asian Development Bank (ADB) has approved a US$40 million loan to support a 41MW hybrid distributed renewable energy system combining wind, solar, battery storage and a thermal heat pump in Mongolia.
September 14, 2018
Sharp Energy Solutions Corporation, a wholly-owned subsidiary of Japanese firm Sharp, has completed a 16.5MW solar PV plant in Mongolia in collaboration with Japanese trading company Shigemitsu Shoji and Mongolian energy company Solar Tech.
May 9, 2018
The European Bank for Reconstruction and Development (EBRD) together with Triodos Investment Management and FMO are providing a US$31.6 million syndicated loan to Desert Solar Power One (DSPO) to build the largest solar plant in Mongolia, standing at 30MW.
October 16, 2017
PV manufacturer JinkoSolar has supplied PV modules to Hitachi Systems for a solar plant owned by Farmdo Corporation in Ulaanbaatar, Mongolia.
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.
March 21, 2016
Mongolia’s mostly untapped renewable resources could be used to kick-start a major cross border power corridor between Russia, Mongolia, China, South Korea and Japan, according to a new study.

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