USAID has awarded Tetra Tech, California-based consulting and engineering services firm, a five-year USD 29.7 million contract for the continuation of its Scaling Up Renewable Energy project (SURE II).
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The International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) will support the development of the 55 MW Masrik solar plant, the first utility-scale solar power plant in Armenia.
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Offshore wind financings in 1H 2020 totaled $35 billion, up 319% year-on-year and in fact well above 2019’s record full-year figure (a revised $31.9 billion). The first half of this year saw investment decisions made on 28 sea-based wind farms, including the largest ever, the 1.5GW Vattenfall Hollandse Zuid array off the coast of the Netherlands, costing an estimated $3.9 billion.
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