The government of Haiti and the World Bank have put in place a financial instrument to provide access to capital for companies active in clean off-grid energy solutions. The aim is to power 200,000 households over 10 years.
The new measure is included in the finance act for 2017-2018, which was approved by the Haiti Parliament in early September.
At an international PV conference held in the Haitian capital Port-au-Prince, companies were demanding improvements to the political framework for the development of solar power in the country. Additionally, calls were made for low interest loans for private individuals, to cover initial investment in a PV system.
A smart-grid project combining PV generation and battery storage has been unveiled in Haiti. The project is the result of collaboration between the Biohaus Foundation and relief organization NPH Germany. The project will substantially reduce the nation’s reliance on diesel generators.
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