Tag: DEG

Neoen commissions 208 MW solar park in Argentina

Neoen commissions 208 MW solar park in Argentina

October 11, 2021 |

Neoen has completed the construction of its Altiplano 200 solar power plant. The 208 MW solar park is located in Argentina’s Salta region. The plant is Argentina’s second-largest solar project. Altiplano is expected to generate 650,000 MWh of solar-powered electricity every year, which is enough to power 215,000 households for a year. Under a 20-year power purchase agreement, the electricity produced will be supplied to national operator CAMMESA.

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EBRD, GEF, and DEG issues $31.2 million loans for solar projects in Jordan

EBRD, GEF, and DEG issues $31.2 million loans for solar projects in Jordan

February 9, 2021 |

The European Bank for Reconstruction and Development (EBRD) and German development finance group, DEG have provided a $10.6 million loan in local currency to Yellow Door Energy to develop, construct and operate a portfolio of eight solar projects in Jordan. EBRD also mobilised $5 million provided by the Global Environment Facility and DEG provided senior loans worth $15.6 million for the projects, taking the total loan value to $31.2 million. The projects will have a total installed capacity of 48.3 MW and will generate 81 GWh of renewable energy per annum.

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