Ghana Launches $230 million Scaling up renewable energy program [SREP]

Ghana Launches $230 million Scaling up renewable energy program [SREP]

January 4, 2017
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Ghana Launches $230 million Scaling up renewable energy program (SREP) investment plan with multiple international public and private capital IFC,AfDB and Climate investment fund.

  • Climate invesment fund is providing $40million.
  • Project 1 (Renewable energy mini-grids and stand-alone solar PV systems) and  Project 2 (Solar PV based net metering with battery storage),
  • while USD 10 million is being requested by IFC to implement Project 3 (Utility scale) solar PV/wind power generation).
  • Project 4 (Technical assistance to scale-up RE) will be implemented by the AfDB through its Sustainable Energy Fund for Africa (SEFA) Trust Fund.
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