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January 22,2025

Mongolia partners with EBRD for 500 MW Renewable Energy development

Mongolia is partnering with the European Bank for Reconstruction and Development (EBRD) to advance Renewable Energy Projects, including Solar, Wind, and Energy Storage. Announced at the World Economic Forum, the initiative aims to develop 500MW of Renewable Capacity by 2028. The EBRD will provide technical support, feasibility studies, and environmental assessments, aligning with Mongolia's energy reforms to meet international climate goals and foster a sustainable, competitive energy sector.

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