Ukraine
The financing will enable small and medium sized businesses to invest in energy efficient machinery and upgrade their facilities with modern equipment
The 55.4MW project is expected to reduce carbon emissions by more than 36,000 tonnes a year
The project will produce enough clean electricity to power 100,000 houses
It has signed an agreement with the European Bank for Reconstruction and Development to work together on the new initiative
The site is expected to provide renewable power to around 100,000 households across the country
The EBRD has provided funding to help households make the green improvements
Ukrgasbank has already financed more than 330 clean energy projects, eliminating nearly 900,000 tonnes of carbon dioxide emissions a year
The money will help upgrade 12 electricity substations and establish a modern energy communication system
The IFC, a member of the World Bank, will manage the funding from the EU and Germany
Reports claim a message was posted in English, demanding a ransom of 0.1 bitcoin, worth around £665.58 by today’s exchange rate
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