Angola Secures $1.6B Loan for 65 Solar Mini-Grids
The Export-Import Bank of the United States is providing a $1.6 billion direct loan to support solar rollout in Angola.
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The Export-Import Bank of the United States is providing a $1.6 billion direct loan to support solar rollout in Angola.
Provided by the Export-Import Bank of the United States (EXIM), the funding will support the development of 65 solar mini-grids across Angola.
The World Bank provides recommendations on how to boost the installation of solar mini-grids and enhance energy access across the globe in a new study.
The African Development Bank will lead efforts to raise $145 million for the Moyi Power Metro-Grids project, bringing solar-powered electricity to over one million people in the DRC.
A total of 60 solar mini-grids will be installed by ENGIE Energy Access to enhance access to electricity for rural consumers in Zambia.
While the region’s oil and gas landscape has seen accelerated progress, the respective nations of the MSGBC region have been correspondingly targeting widespread solar deployment in a bid to bolster electrification efforts.
The EU has approved a $3.4m working capital facility under the ElectriFI Country Window for Okra Solar Energy to provide access to electricity through mesh-grid technology in Nigeria.
Husk Power Systems has published a roadmap for the off-grid solar mini-grids market, outlining a framework for growth and commercial viability for the burgeoning industry.
Renewable energy provider, Husk Power Systems, has commissioned six additional hybrid solar mini-grids in Nasarawa State in northern Nigeria.
In Senegal, a German-funded rural electrification program is training hundreds of rural Senegalese to install solar mini-grids in 300 villages.