EBRD, GEF and DEG Provide $31.2 Million Loan to Yellow Door for Solar Projects in Jordan
The European Bank for Reconstruction and Development (EBRD) and DEG have provided a $10.6 million loan in local currency to Yellow Door Energy, a UAE-based renewable energy company, to develop ...
APICORP Extends $50 Million to Yellow Door Energy to Increase its Solar Footprint
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financing institution, announced that it would provide a $50 million (~₹3.6 billion) revolving construction facility to Yellow Door Energy Limited. A ...
EBRD to Provide $35 Million to Develop 37 MW of Solar Projects in Jordan
The European Bank for Reconstruction and Development (EBRD) has announced that it would be providing a financing package of up to $35 million to Kawar Investments for the development of ...
Dubai’s AMEA Power Achieves Financial Closure for a 50 MW Solar Project in Jordan
Renewable energy project developer, AMEA, has announced financial closure for a 50 MW solar project in Jordan. The company has announced that it has secured $74 million for the Al ...
EBRD to Lend $265 Million to Jordan to Develop its Grid for Renewable Energy Integration
The European Bank for Reconstruction and Development (EBRD) has said it will provide $265 million long-term loan to Jordan’s National Electric Power Company (NEPCO). The fund will be used to improve ...
Enviromena Constructing 509 MW of Solar Projects in Middle East and Africa
Enviromena Power Systems, a UAE-based clean energy company, has started the construction of 509 MW of solar photovoltaic (PV) projects in the Middle East and North Africa region. “The region ...
IFC Announces Financial Package of $188 million for Jordan’s Largest Solar PV Project
The International Finance Corporation (IFC), a member of the World Bank Group, has arranged a financial package of up to $188 million for the development of a 248 MW solar ...