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.