DUSHANBE, Tajikistan, February 18. The European Bank for Reconstruction and Development (EBRD) and Tajikistan's Humo Micro Deposit Organization have officially begun the installation of a solar photovoltaic system at Humo's Bokhtar branch, Trend reports.
According to the EBRD, the hybrid solar photovoltaic system will serve as a model for integrating energy-efficient solutions in the financial sector. This technology will reduce electricity costs and demonstrate the benefits of using renewable energy sources.
"Harnessing solar energy is not only an environmentally friendly solution but also a step toward sustainable business development. We take pride in our partners' commitment to advancing green technologies and contributing to a sustainable future," the EBRD said.
The project is being implemented under the Green Economy Financing Facility Tajikistan II (GEFF II). The GEFF II program continues to support the adoption of eco-friendly and energy-efficient solutions across the country. The program is supported by the EBRD and is financed by donors such as the Green Climate Fund, the Federal Ministry of Austria, and South Korea. The program includes funding of up to $50 million to stimulate investments in environmentally friendly technologies across the agriculture, housing, and commercial sectors.