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Mongolia solves renewables dilemma with Chinese Olympic project

Mongolia has been toying with solar and wind energy for the past few years, issuing statements about how it would like to 25% renewables by 2020. We have seen a handful of investments from outside the country in the past few years, as recorded in our Deals database, with solar installations in the Gobi Desert, Tuv Aimag and Dornogovi in 2018/19 adding up to 62 MW between them, and the 55 MW Sainshand Wind Farm completed in 2017 by French firm Engie and other European contractors. Mongolia has asserted this 20% to 25% level of electricity supply from renewables by next year, and yet it current sits with some hydro, and about 80% of electricity from coal, and has had…

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