Essor Hybrid Solar Mini-Grids
Sector: Solar • Location: Congo, Dem. Rep.
Source: World Bank Group
A Gridworks-led consortium has signed 3 concession agreements with the government of the Democratic Republic of Congo (DRC) for the $100 million Essor A2E project. The 22-year agreements entail the development of 3 large-scale solar-hybrid and off-grid utility projects for 3 cities in northern DRC – under the special purpose vehicle (SPV) Moyi Power. The 3 cities that will benefit from the project
- Status
- Prospective
- Sector
- Solar, Power Transmission, Power Generation (CCGT), Government, Automotive, Commercial
- Location
- Democratic Republic of the Congo
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A Gridworks-led consortium has signed 3 concession agreements with the government of the Democratic Republic of Congo (DRC) for the $100 million Essor A2E project. The 22-year agreements entail the development of 3 large-scale solar-hybrid and off-grid utility projects for 3 cities in northern DRC – under the special purpose vehicle (SPV) Moyi Power. The 3 cities that will benefit from the projects are Bumba, Gemena and Isiro. The consortium will initially develop 14MW of solar power. The members of the sponsor consortium are Gridworks, AEE Power and Eranove. Debt provider is the African development bank, which provided a $20 million loan. The Rockefeller foundation, SEFA and PIDG each provided respectively $15, $10 and $10 million in grants for the development of the project. Financial close took place on June 4th, 2021. The Essor A2E project is a technical assistance programme funded and launched by the UK government. |
Original sector | Energy |
Procurement method | |
Budget |
Location
Country | Democratic Republic of the Congo (DRC) |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Power Transmission, Power Generation (CCGT), Government, Automotive, Commercial |
Article published date | 2024-09-22 |
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