EBRD and IFC considering Masrik 1 solar loan
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...