EBRD finances Kazakhstan wind farm

Image: PixabayImage: Pixabay
The 100 MW wind farm will boost the renewable energy capacity of the country.

Official Press Release EBRD:

EBRD helps Kazakhstan add 100 MW of renewable energy capacity

Wind Industry Profile of
EBRD helps Kazakhstan add 100 MW of renewable energy capacity

EBRD provides US$ 39 million to China Power International Holding / 100 MW wind farm to boost renewable energy capacity / US$ 15.7 million concessional financing by Green Climate Fund and Clean Technology Fund

The European Bank for Reconstruction and Development (EBRD) is helping Kazakhstan meet its objective to achieve carbon neutrality by 2060 by providing funds for the construction of a new wind power plant in the Zhambyl region of the country. The EBRD’s loan of up to US$ 39 million (to be disbursed in both US dollars and Kazakhstan tenge) will be extended to the joint venture between the Bank’s long-term clients China Power International Holding (CPIH) and Visor... ... More: Official Press Release EBRD

EBRD, Kazakhstan, renewable energy, capacity, onshore, wind farm, fund, investment, bank, auction

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