Sun shines on Kazakhstan with $54.5m solar loan

A 50MW solar project in Kazakhstan has secured long term loans of $54.5 million (£42.9m). The Burnoye Solar-2 facility will receive $44.5 million (£35m) from the European Bank for Reconstruction and Development (EBRD) and $10 million (£7.9m) from the Clean Technology Fund (CTF). The investment in the southern Zhambyl region follows the construction of Burnoye Solar-1, the country’s first utility-scale […]

$125m to boost geothermal energy in Turkey

An investment worth $125 million (£86.2m) will be made to boost Turkey’s geothermal energy sector. The European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) are providing the money. The funding is part of a programme in which the EBRD is investing $100 million (£69m) and the CTF $25 million (£17.2m). […]