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IFC Scaling Solar

International investors provide $34 million for solar plant in Zambia

The Ngonye project proposed by Italian energy giant Enel Group and Zambia’s Industrial Development Corporation, will be financially underpinned by senior loans of up to $10 million from the International Finance Corporation, up to $12 million from IFC-Canada Climate Change Program and up to $11.75 million from the European Investment Bank.

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Scaling Solar update: Senegal, Madagascar, Ethiopia and Zambia tenders

The International Finance Corporation (IFC) updated the World Future Energy Summit (WFES) last week about solar PV developments in Africa through the IFC’s Scaling Solar program.

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