World Bank Approves $200 Mn Regional Off-Grid Electrification Project 

World Bank Approves $200 Mn Regional Off-Grid Electrification Project 

The World Bank Group has approved the Regional Off-Grid Electrification Project (ROGEP) to help expand off-grid access to electricity for populations in 19 countries in West Africa and the Sahel region.

World Bank Regional Off-Grid Electrification Project 

The Board of the World Bank Group approved  the Regional Off-Grid Electrification Project (ROGEP), which includes $150 million in the form of credit and grant from the International Development Association (IDA) and $74.7 million contingent recovery grant from the Clean Technology Fund to help expand off-grid access to electricity for populations in 19 countries in West Africa and the Sahel region.

The project is being implemented by the West African Development Bank and ECOWAS’ Center for Renewable Energy and Energy Efficiency will focus on the following countries: Benin, Burkina Faso, Cabo Verde, Cameroon, Central African Republic, Chad, Cote d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone and Togo.

The overall objective of ROGEP is to increase electricity access of households, businesses, and public institutions using modern stand-alone solar systems through a harmonised regional approach. The project is expected to benefit about 1.7 million people currently living without electricity connection or with unreliable supply, as well as businesses and public institutions who will use modern stand-alone solar systems to improve their living standards and economic activities.

“So far, only 3 percent of households in West Africa and the Sahel are served by stand-alone solar home systems, and 208 million people in the sub-region do not have access to electricity. The project seeks to assist regional policymakers to address barriers to create a regional market for stand-alone solar systems, which is essential to reduce energy poverty in the region, and entrepreneurs to take opportunities in this market through the development of scalable business solutions,” said Rachid Benmessaoud, Coordinating Director for Regional Integration in West Africa. “The new project will help adopt regional standards and regulations to establish a regional market with harmonised policies that will attract larger market players for the benefit of all participating countries.”

Although stand-alone solar systems have large market potential in West Africa and the Sahel, investments in off-grid renewable energy have lagged behind in the sub-region. The new project maximises finance for development by crowding in private investments to deploy innovative technologies. By developing a regional market, it will help better address the important growth in demand for reliable electricity and will help create jobs.

"Want to be featured here or have news to share? Write to info[at]saurenergy.com

Ayush Verma

Ayush is a staff writer at saurenergy.com and writes on renewable energy with a special focus on solar and wind. Prior to this, as an engineering graduate trying to find his niche in the energy journalism segment, he worked as a correspondent for iamrenew.com.

      SUBSCRIBE NEWS LETTER
Scroll