Project in Sirdarya follows Helios’ deal for 40MW extension to 300MW-plus Namagan complex and adds to PV growth in Central Asian state, lately known for ultra-cheap solar ventures.
The World Bank's International Finance Corporation (IFC) will act as the transaction advisor for the forthcoming tenders, which will be for 400MW and 500MW respectively.
Win by UAE firm marks one of lowest tariffs seen to date in emerging solar, says World Bank's IFC as it backs maiden Scaling Solar tender in Central Asian state.
Development financier walks PV Tech through project milestones under first solar-only stage of renewable programme, set now to diversify with €300m funding extension.
The government of Afghanistan is inviting expressions of interest from developers to bid for up to 2GW of solar as part of an effort by the Central Asian country to boost its energy self-reliance and meet growing electricity demand.
The European Bank of Restructuring and Development (EBRD) is financing a second solar park in Kazakhstan following the 50MW Burnoye Solar 1 established in April 2014.