Serbia’s largest wind farm project will receive 215 million euros ($253 million) in syndicated loans from the European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC), the lenders said on Tuesday. The 300 million euro, 158 megawatt (MW) Cibuk windfarm is to be built 50 km (31 miles) northeast of Belgrade and … Continue reading Serbia’s biggest wind farm project attracts EBRD, IFC funding
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GE to Install 63 Wind Turbines for New Kenyan Wind Energy Project
The World Bank (Washington D.C.) continues to support national development projects in Kenya. Through its global arm, the International Finance Corporation (IFC), the bank said it will take a $20 million equity stake in the 100-megawatt (MW) Kipeto wind farm project in Kajiado County. Kipeto becomes the second-biggest wind power project in Kenya after the … Continue reading GE to Install 63 Wind Turbines for New Kenyan Wind Energy Project
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World Bank is set to invest in a 100 MW wind farm in Kenya
Kipeto becomes the second-biggest wind power project in the country after the 300 MW wind farm being set up by Lake Turkana Wind Power in Marsabit. The World Bank is set to invest about Sh1.6 billion in a 100-megawatt wind power plant in Kajiado County. The global lender, through its private arm International Finance Corporation, … Continue reading World Bank is set to invest in a 100 MW wind farm in Kenya
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World Bank funds solar power (photovoltaic) in Jordan
The International Finance Corporation (IFC) has announced this Wednesday (15th) the approval of a US$ 207.5 million loan package for the construction of seven photovoltaic plants in Jordan. The IFC is the World Bank’s private sector arm. According to an IFC press release, the full project, which provides for the building of 12 plants, will … Continue reading World Bank funds solar power (photovoltaic) in Jordan
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Croatia to build new wind farm
A new wind farm, financed by the International Finance Corporation (IFC), will be built near the Croatian southern coast city of Dubrovnik, Croatian News Agency reported on Wednesday. The 34.2-megawatt wind farm located in coastal town of Slano, 32 km northwest of Dubrovnik, will boost Croatia’s supply of wind-generated power 11 percent and help to … Continue reading Croatia to build new wind farm
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IFC backs 50MW Pakistan wind farm
International Finance Corporation, a member of the World Bank Group, is investing $25.8m in a new 50MW wind farm in Pakistan. It says the wind power project, located in Sindh province, north east of Karachi, will help meet a rising electricity demand in Pakistan and provide an extra 270,000 people with low carbon electricity every … Continue reading IFC backs 50MW Pakistan wind farm
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