50 MW solar project in Kazakhstan secures funding from EBRD and ADB
United Green, a privately-owned strategic investment group, has secured a debt financing package to fund the construction of a 50 MW solar power plant in Baikonur in central Kazakhstan from the European Bank for Reconstruction and Development (EBRD), Clean Technology Fund (CTF) and the Asian Development Bank (ADB).
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Country news
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January 23, 2018
EBRD to finance 14 MW Zadarya solar project in Kazakhstan
The EBRD is supporting French company Urbasolar SAS in its plans to build a 14 MW solar power plant in Kazakhstan. The Zadarya solar park will be located in the South Kazakhstan region, near the city of Shymkent.
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July 06, 2017
EBRD to back another 50-MW Kazakh solar project
The European Bank for Reconstruction and Development (EBRD) has announced the signature of a mandate letter for the co-financing of a new solar plant in Kazakhstan near the world-famous space centre in Baikonur.
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June 14, 2017
EBRD invests in second 50-MW solar project in Kazakhstan
The EBRD is financing the 50 MW Burnoye Solar-2 project in Kazakhstan in partnership with the multilateral Clean Technology Fund (CTF).
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March 03, 2017
Financial closure for Turgusun hydropower plant
A new hydro power plant with a capacity of 24.9 MW will be built on Turgusun river in the East Kazakhstan region and financial backing from the Development Bank of Kazakhstan will assist in the construction.
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November 15, 2016
EBRD considers financing solar plant in Kazakhstan
The European Bank for Reconstruction and Development (EBRD) has announced that it is considering the provision of debt financing for a solar plant in Kazakhstan. Read more
