Pending final closing, the Electrification Financing Initiative has announced it is considering private equity investments of €1.5 million to two French firms operating in Benin, Togo, Burkina Faso and Senegal, and $1.5 million to a Tanzanian business operating in Tanzania and Uganda.
The solar park is being built by French developer GreenYellow and is expected to come online by mid-2021.
Covid-19 rescue measures such as delaying electricity bill payments pile added pressure onto energy companies already hit by pandemic-related falls in demand in a continent which a new study suggests is too dependent on donor aid for the development of renewables.
The 30 MW fab will assemble modules with power ratings from 260 W to more than 330 W.
Work has started on PV plants with generation capacities of 20 MW and 10 MW. The facilities will be located in Koudougou, in Boulkiemdé province and in Kaya, in Sanmatenga, respectively.
The Economic Community of West African States should prioritize the development of solar PV to meet surging energy demand over the next 30 years, according to a newly published study.
A fund backed by the United Nations and the government of Luxembourg is helping companies to provide small solar PV systems and innovative cooking stoves in the economically challenged West African nation.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.