New round of loans for renewable energy projects in developing countries

The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have officially opened a new round of USD 50 million in loans for renewable energy projects in developing countries. This is the fifth round of loans offered through the IRENA/ADFD Project Facility, which will allocate a total of $350 million of concessional loans over seven annual cycles to government-driven renewable energy projects in developing countries.

Read more: http://adfd.irena.org/Highlights.aspx .