Peace Renewable Energy Certificate (P-REC) Aggregation Facility
Sector: Power Generation (CCGT) • Location: Multiple African countries
Source: News Ghana
The African Development Bank (AfDB) Group has approved an $11.3 million pilot facility that converts corporate climate spending into upfront capital for mini-grid developers in conflict-affected and energy-poor communities in Africa. The facility provides upfront cash to mini-grid developers in exchange for future certificate revenues, enabling access to working capital before projects generate in
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The African Development Bank (AfDB) Group has approved an $11.3 million pilot facility that converts corporate climate spending into upfront capital for mini-grid developers in conflict-affected and energy-poor communities in Africa. The facility provides upfront cash to mini-grid developers in exchange for future certificate revenues, enabling access to working capital before projects generate income. It targets 14 frontier countries in Africa and aims to deliver around 240,000 new electricity connections and 71 megawatts of installed renewable capacity, benefiting approximately 856,000 people, half of whom are women. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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