Jakson Green secures $35.38 million credit facility from First Abu Dhabi Bank
Jakson Green has secured a credit facility of INR 2.96 billion ($35.38 million) from First Abu Dhabi Bank (Mumbai) to fuel its international expansion. The first beneficiary of this funding will be Jakson Green’s upcoming solar and battery storage project in Uzbekistan.
The long read: Central Asia’s solar awakening
Uzbekistan is providing a model for solar development in Central Asia as it rolls out its first large-scale projects. With the support of multilateral financial institutions, the government is prioritizing its electrical infrastructure as it pursues economic development goals. And as Amjad Khashman reports, the engagement of developers from fossil-fuel- rich neighbors in its solar projects points to a bright, renewable future for the region.
Cabinet approves India, Uzbekistan MoU on solar energy and storage
The Cabinet has approved the Memorandum of Understanding between the National Institute of Solar Energy, under India’s Ministry of New and Renewable Energy, and Uzbekistan’s International Solar Energy Institute for cooperation in the field of solar energy and storage technologies.
Indian EPC eyes central Asian markets
Sterling and Wilson wants to construct 200 MW of PV in Kazakhstan in the next two years and says it is eager to get a slice of the Uzbek market too.
