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NUR-SULTAN (TCA) — Eni, through its local subsidiary ArmWind LLP, has been awarded a 50 MW photovoltaic project in the region of Turkestan, in southern Kazakhstan, as a result of an auction managed by the Kazakh authorities. The auction was implemented in the framework of a joint initiative of the Ministry of Energy of Kazakhstan and the United Nations Development Program (UNDP), the Italian company said in a press release. Continue reading
NUR-SULTAN (TCA) — The European Bank for Reconstruction and Development (EBRD), in partnership with the Green Climate Fund (GCF), is stepping up its efforts to support renewables in Kazakhstan with a loan of up to US$ 6.4 million to finance a new 10 MW solar plant in the Zhanakorgan District in southern Kazakhstan, the Bank said on September 26. Continue reading
TASHKENT (TCA) — The government in Uzbekistan will compensate for nearly a third of the purchase price of solar panels if citizens decide to use solar power to generate electricity and heat water, Xinhua news agency reported citing an Uzbek energy official. Continue reading
NUR-SULTAN (TCA) — The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created for the project—to build and operate a solar plant to ease power supply shortages and boost the share of renewable sources in Kazakhstan’s energy mix, the Bank said on July 3. Continue reading
KABUL (TCA) — The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle and subsidiaries owned by the 77 Construction, Contracting, and Trading Group (77 Group), an international civil works contracting firm headquartered in Turkey, to help build a 15.1 megawatt (MW) solar power plant and promote the development of renewable energy in Afghanistan. Continue reading
NUR-SULTAN (TCA) — The European Bank for Reconstruction and Development (EBRD) in partnership with Green Climate Fund (GCF) is stepping up its efforts to support renewables in Kazakhstan with a US$ 16.7 million loan for the construction of a new 30MW solar power plant in Zhangiz-tobe in the east of the country, the Bank said. Continue reading
