The Green Climate Fund has announced it will provide US$150 million in funding to the Desert to Power initiative – a project led by the African Development Bank and spanning several countries that aims to build 10 GW of PV generation capacity in various projects across the Sahel region to the south of the Sahara Desert.
The PAYG solar start-up, which is a darling of impact investors, has formed a joint venture with French cotton farming giant Geocoton to establish a foothold in Burkina Faso and says it is aiming to offer its solar home systems to 2 million customers.
A new study shows solar may help reduce water pumping costs in a desert oasis of Mauritania significantly while reducing water losses. Researchers claim PV water pumping may also help prevent desertification.
The African Development Bank last year disclosed a plan to install 10 GW of solar in the deserts of the Sahel. A recent summit held in Burkina Faso may have brought the ambitious project a step closer.
The funds will be used for electrification projects in West Africa and the Sahel to bring electricity to 1.7 million people.
At the African Development Bank’s annual meeting, held in Busan, Korea, the bank’s president Akinwumi Adesina announced that, alongside the Green Climate Fund and the Africa 50 investment fund, it plans to support the development of up to 10 GW of solar across the Sahel region.
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