IFC Provides Loan for 140 MW Solar Project in Albania
The project is the first large-scale solar PV project in Albania and one of the largest in the Western Balkans.
April 25, 2023
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IFC (International Finance Corporation), a member of the World Bank Group, has provided a €41-million (~$45 million) financing package to Karavasta Solar, a subsidiary of Voltalia, for the development of a 140 MW solar project and a 19-kilometer overhead transmission line in Fier municipality, western Albania.
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Arjun Pradeep
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