Turkey has received another major financial boost from Europe for development of renewable energy projects. The European Bank of Reconstruction and Development (EBRD) recently announced that it approved $110 million loan for construction of renewable energy and resource efficiency projects in Turkey. The loan shall be disbursed through Akbank. EBRD … [continued]
The global green bonds market is racing towards a record year with the largest issuance ever in the first half of a calendar year. According to Climate Bonds Initiative, the total labelled green bonds insurance between January and June 2016 reached $35 billion. This compares to $41.8 billion total issuance … [continued]
Egypt’s solar power program has received a significant boost from international backing. The European Bank for Reconstruction and Development has earmarked $500 million to support solar power projects in Egypt. The bank also plans to support the construction of up to 2 GW of solar power projects. The debt finance by … [continued]
Renewable energy development in the Middle East and North Africa region continues to attract investment and financial support from global institutions. The European Bank for Reconstruction and Development (EBRD), and other financial institutions, have announced the launch of a funding framework for private sector renewable energy development in four countries … [continued]
After attracting interest from renewable energy project developers from around the world, Egypt is likely to get financial support from development banks in Europe to make make the projects operational. The European Bank for Reconstruction and Development (EBRD) announced that it has received funding requests from as many as 67 … [continued]
Europe is set to expand its financial support to Turkey’s renewable energy sector through additional loans under the Mid-size Sustainable Energy Financing Facility Program. The European Bank for Reconstruction and Development (EBRD) will provide $180 million to two Turkish banks for finance renewable energy projects being developed by private sector project … [continued]
