News
23 May 2019

EBRD and IFC considering Masrik 1 solar loan

In:
Renewables
Region:
Europe
By Sean Keating

The EBRD and IFC are considering loans to Fotowatio Renewables Ventures (FRV) for its 55MW Masrik 1 solar project in Armenia.FRV was awarded the $57 million project in 2018 by the Armenia Renewable Resources and Energy Efficiency Fund. The project has tariff support of $0.042 per kWh.Both the IFC...

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