Tag Archives: International Finance Corporation

The funding from IFC will enable VPBank to expand its lending to small and medium businesses and boost financing for projects that help reduce carbon emissions.

It supports the country’s ambition to develop a total of up to 5GW of solar power by 2030.

The West Bakr Wind project will have a capacity of 252MW and is expected to produce enough renewable electricity to power around 350.000 homes.

China added to market-friendly noise by saying it had agreed to cut tariffs on US autos to 15 per cent from 40 per cent.

The new cooperation agreement is an extension of the original 114 million euros climate fund that Finland established in collaboration with the IFC last year.

Elsenhans was named by Forbes as one of the world’s most powerful women in 2008.

The focus has been on gas that has begun flowing from Egypt’s Zohr gas field. the largest in the Mediterranean.

The World Bank vice-president expressed interest in assisting the Power Division in formulating a new energy policy and national electricity plan.

Several Mena countries have already begun exploring energy storage as a way to integrate new renewable generation resources .

Participants will review initiatives and commitments and discuss action priorities that enable better hydro.