Int’l funding institutions to begin meetings with Electricity Ministry over FiT phase two funding

International financing institutions will be meeting extensively with Electricity Ministry officials over the coming period to discuss funding solutions for renewable energy projects being developed under the feed-in tariff (FiT) program’s phase two, Al Mal reports. Representatives from the European Bank for Reconstruction and Development, OPEC, IFC, and France’s Proparco already began touring project sites this week and had given their preliminary approval to provide funding needed for the projects.