KYIV, Sept 14 – The International Bank for Reconstruction and Development (IBRD) and the Clean Technologies Fund (CTF) will provide Ukrhydroenergo with a financial package consisting of a $177 million loan and a $34 million concessional loan respectively, for the installation of energy storage systems and solar power plants.

The agreements were signed on September 13 in the Cabinet of Ministers by Director General of Ukrhydroenergo Ihor Syrota and World Bank's Regional Country Director for Eastern Europe Arup Banerji.