Displaying items by tag: GCW661
Spain: Çimsa has invested €4.2m in launching a solar photovoltaic power plant to power its white cement plant in Buñol, Valencia. The solar plant has a capacity of 7.2MW and will supply about 18% of the energy needs for the cement plant.
The facility features 11,000 solar panels spread over 100,000m2. This new solar power plant is expected to produce approximately 12GWh/yr of electricity, reducing CO₂ emissions by about 3000t/yr.
Eurasian Development Bank funds Kulanak hydropower plant and Kant cement plant expansion
23 May 2024Kyrgyzstan: The Eurasian Development Bank is financing the construction of the Kulanak hydropower Plant with a capacity of 100MW and a new clinker line at the Kant cement plant.
"The substantial growth in the bank's investment portfolio in Kyrgyzstan, which reached 61.6% of the investments planned in the country strategy for 2022-2026, reflects the bank's commitment to increasing its project activities in the region," said Nikolai Podguzov, Chairman of the EDB Board, during a meeting with Kyrgyzstan's Finance Minister, Almaz Baketaev.