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Amped Innovation Solar Home Systems portfolio

Sector: Solar • Location: Burundi

Source: World Bank Group

Project
Active

The project involves the deployment of Solar Home Systems (SHS) infrastructure in Burundi. This infrastructure aims to provide clean and reliable energy solutions, contributing significantly to improving energy access and enhancing the lives of over 3,000 households.

The financial commitment for the project comes from EDFI ElectriFI, an EU-funded impact investment facility, which has dedicated a

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The project “Amped Innovation Solar Home Systems portfolio” is an infrastructure initiative in the Solar sector, located in Burundi. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project involves the deployment of Solar Home Systems (SHS) infrastructure in Burundi. This infrastructure aims to provide clean and reliable energy solutions, contributing significantly to improving energy access and enhancing the lives of over 3,000 households. The financial commitment for the project comes from EDFI ElectriFI, an EU-funded impact investment facility, which has dedicated a loan for $1m to the Amped Innovation. This is a second loan, following the $6 million revolving Working Capital Facility (WCF) EDFI ElectriFI arranged in 2021. Financial close was achieved on August 21st, 2023. https://www.ampedinnovation.com/post/amped-innovation-closes-financing-with-edfi-electrifi https://www.electrifi.eu/news/edfi-electrifi-burundi-country-window-closes-its-first-transaction-with-amped-innovation-empowering-burundian-households-with-clean-energy-solutions/ https://www.electrifi.eu/project/amped-innovation/

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High

Data quality score

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