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Recently, the Green Climate Fund (GCF) said it is funding
plans to deploy a solar mini-grid – Yeleen Rural Electrification Project – in 100 villages in Burkina Faso.
It is understood that 24.
3 million euros will be used for the program
.
The plan aims to reduce the West African country's dependence on fossil fuels and mitigate some of the highest electricity prices in the region, while also focusing on improving access to electricity
.
3% of rural areas in Burkina Faso are electrified
.
The Yeleen Rural Electrification Project welcomes private sector participation, and GCF funding will provide financial grants to each selected bidder for a successful electricity connection, support the development of renewable energy infrastructure, and support loans from local financial institutions
.
GCF Senior Renewable Energy Specialist said, "The Yeleen project is highly scalable and replicable
in Burkina Faso and many countries in sub-Saharan Africa.
It is a useful framework
to encourage private sector ownership of rural areas.
Electrification projects to increase electricity supply and accelerate green energy investments
.
”
Back in July, the African Development Bank announced €18 million for
Burkina Faso's energy sector reform.
Last year, the French company Cegelec built a 33-megawatt solar project
in the country.
:/, please indicate the source for reprinting)
Recently, the Green Climate Fund (GCF) said it is funding
plans to deploy a solar mini-grid – Yeleen Rural Electrification Project – in 100 villages in Burkina Faso.
It is understood that 24.
3 million euros will be used for the program
.
The plan aims to reduce the West African country's dependence on fossil fuels and mitigate some of the highest electricity prices in the region, while also focusing on improving access to electricity
.
3% of rural areas in Burkina Faso are electrified
.
The Yeleen Rural Electrification Project welcomes private sector participation, and GCF funding will provide financial grants to each selected bidder for a successful electricity connection, support the development of renewable energy infrastructure, and support loans from local financial institutions
.
GCF Senior Renewable Energy Specialist said, "The Yeleen project is highly scalable and replicable
in Burkina Faso and many countries in sub-Saharan Africa.
It is a useful framework
to encourage private sector ownership of rural areas.
Electrification projects to increase electricity supply and accelerate green energy investments
.
”
Back in July, the African Development Bank announced €18 million for
Burkina Faso's energy sector reform.
Last year, the French company Cegelec built a 33-megawatt solar project
in the country.
:/, please indicate the source for reprinting)
/
