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Innovative win-win power scheduling agreement between the two procurers that enabled Delhi Metro to draw power flexibly to suit the variable nature of its demand for running trains.
IFC Summary
Singapore's SolarNova program is a whole-of-government effort to accelerate the deployment of solar photovoltaic (PV) systems. The government took the lead in rolling out the rooftop PV systems across public housing and government buildings in collaboration with solar developers.
Mountainous area prone to natural hazards and the impacts of climate change and growing demand for basic infrastructure services due to population growth.
Parties involved (public and private): Republic of Uzbekistan, National Electric Networks of Uzbekistan
Enerjisa Enerji A.S., one of the leading private utility players in Turkey, serving nearly a quarter of Turkey?s population.
Parties involved (public and private): Risen Energy (China) Co. Ltd. (The Developer), EBRD and Green Climate Fund (Lenders), Risen Energy (Hong Kong) Co. Ltd. (EPC Contractor), Financial Settlement Centre (the Offtaker).
The project entails financing of USD 30mm in Kazakh tenge equivalent from the EBRD and up to USD 10.4mm in US dollar and euro equivalents from the Clean Technology Fund, and a USD 12mm in KZT equivalent from the ADB to Baikonur Solar LLP, owned 51% by the United Green Group, a privately-owned strategic investment group, and 49% by a subsidiary of a Kazakh state-owned development fund, for the development, construction and operation of a ground-mounted fixed-installed solar photovoltaic power plant with a total capacity of up to 50MWp and an associated new substation in the Kyzylorda region of south Kazakhstan.
Parties involved (public and private): Fotowatio Renewable Ventures B.V. (Developer), R2E2 Fund (on behalf of Republic of Armenia), EBRD and IFC (Lenders), CMEC (EPC), ENA (Off-taker)
Benban Solar Park is the largest park of its kind in Africa and one of the largest in the world housing 32 solar projects with a total capacity of 1,465 MWac helping to reduce the country?s CO2 emissions by more than 1.9 million tonnes per year.
A senior corporate loan of up to EUR 15 million to be divided into two parallel tranches (i) the EBRD tranche and (ii) a concessional tranche provided by the Green Energy Special Fund ("GESF"), a Special Fund established and administrated by the Bank with the contribution of the Taiwanese International Cooperation and Development Fund to support EBRD projects related to investments in efficient energy technologies
To date, 112 IPP projects have been procured from four bidding round windows with further windows expected to be announced in the future
Cost Size: Total Cost of Scheme is INR 1,46,625 Crore and Union Government Support of INR 34,442 cores is to be provided
The planned 750MW Rewa Solar Project in the state of Madhya Pradesh will be one of the world's largest solar photovoltaic (PV) projects
The Uruguayan government planned to diversify its energy mix, reducing its heavy reliance on hydropower and imported fossil fuels during drought seasons
Noor Ouarzazate I, a 160 MW Concentrated Solar Power (CSP) plant, is a path-breaking large- scale CSP project, one of the first to be delivered in the Middle East and North Africa (MENA) region, taking advantage of the region s abundant solar resources.
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