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  • Feb 12, 2018

Clean Technology Fund Supports US$ 3.9 million Lending Project for New Solar Plant in South Kazakhstan Region

J Sibanda 

The Clean Technology Fund will lend up to US$ 3.9 million for the new Zadarya solar power plant in the South Kazakhstan region, near the city of Shymkent, complimenting an EBRD loan in local currency, Kazakh tenge, of up to an equivalent of US$ 8.8 million, for the solar park project that will be implemented by a special purpose company, Kaz Green Tek Solar LLP, incorporated in Kazakhstan and majority owned by Urbasolar.