The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a US$990,000 grant to support the preparation of a 9 MW solar-hydro hybrid project in Burundi. The project consists of two plants, each featuring a solar and a hydro component as well as a local distribution network and interconnection to the national power grid. The hybrid design is anticipated to regularize the power output during the dry and wet season and mitigate power shortfalls caused by climate change.
The SEFA grant will support technical feasibility, environmental and social impact assessment and financial advisory for the project to be developed by Songa Energy.
Upon completion, the project will also electrify about 20,000 households in surrounding communities through a local distribution network.
The governments of Burundi, the Democratic Republic of Congo (DRC) and Rwanda have signed an agreement with IPS, the industrial and infrastructure development arm of the Aga Khan Fund for Ec...
Read moreThe African Development Bank Group has recently announced a US$24 million loan to support Rwanda’s contribution to the development of the 147 MW Multinational Ruzizi III Hydropower Pro...
Read moreThe African Development Bank Group has approved US$138 million of loans and grants toward the Ruzizi III Hydropower Plant.
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