Development finance duo sponsor US$154m scheme to support government of drought-stricken African nation as it deploys 100MW green energy pipeline with the help of feed-in tariffs.
UAE firm unveils construction timeline as it signs PPA for 100MW solar project in Navoiy region, which it was contracted to develop after tabling bid of US$0.027/kWh earlier this year.
Project in Sirdarya follows Helios’ deal for 40MW extension to 300MW-plus Namagan complex and adds to PV growth in Central Asian state, lately known for ultra-cheap solar ventures.
News about the package intended for Kiev-based OTP Leasing emerged just weeks after the IFC officially started preparations for Kosovo's first government tender.
The World Bank's International Finance Corporation (IFC) will act as the transaction advisor for the forthcoming tenders, which will be for 400MW and 500MW respectively.
Win by UAE firm marks one of lowest tariffs seen to date in emerging solar, says World Bank's IFC as it backs maiden Scaling Solar tender in Central Asian state.
Saudi firm, one of five firms to submit proposals for two World Bank-backed projects, said to have produced Africa-wide milestone with tariff of US$25.26/MWh.
World Bank’s IFC, the EIB and Proparco pour €38 million into PPA-backed projects contracted last year at €0.0380-0.0398/kWh, paving way for construction.
