The European Bank for Reconstruction and Development (EBRD) is providing €22 million to KC Solar2 OÜ for constructing a 45 MW solar park in Kehra, Estonia. Named Pihlaka solar farm, it will annually generate 41,230 MWh, supporting Estonia’s renewable energy goals. The project, part of the Baltic region’s early renewable energy initiatives, operates on a fully merchant basis and is supported by the European Union’s InvestEU program. KC Solar2 OÜ, a subsidiary of KC Energy OÜ, specializes in solar projects and currently operates 83 MW of solar farms across Estonia. EBRD’s investments in Estonia total over €974 million across 112 projects.
EBRD funds solar park in Estonia
EBRD aids Estonia’s green transition, funding 45 MW solar park in Kehra through €22M loan to KC Solar2 OÜ. (Image Credit: EBRD)
The Crux platform facilitated SolarEdge’s first sale of §45X tax credits, generated by U.S. inverter production in 2024. (Image Credit?Source: PublicDomainPictures/Pixabay )
With advanced cybersecurity and a 15-year warranty, Enphase’s IQ8 Microinverters are set to offer long-lasting value in Romania. (Image Source: Enphase Energy)
CEC’s IEC certifications ensure Hanersun modules withstand tough Australian environmental conditions. (Image Source: Hanersun)
Solar Simplified’s subscription management expertise aims to reduce high churn rates for LastMile Energy’s PV projects in Massachusetts. (Image Source: Solar Simplified)