Weziza Benin solar mini-grids project

active

Prospective

The project entails the the implementation of a rural electrification of 21 communities in the regions of Couffo, Zou and Collines, in Benin. The sponsor - Weziza Benin, will develop, construct and operate solar mini-grids to provide electricity to 40,000 people over the next 10 years. The company is the Benin subsidiary of Energicity Corp and was selected in 2019 by the Government of Benin and the US Millennium Challenge Corporation through a competitive process to electrify off-grid communities in the 3 regions of the country. Dutch impact investor Oikocredit provided the €1.4 million ($1.52 million) financing for the project. Weziza Benin is also supported by funding from the US government’s Millennium Challenge Corporation (MCC) through the Millennium Challenge Account–Benin II and Agence Béninoise d'Electrification Rurale et de Maîtrise d'Energie (ABERME), with a grant for each community connected. The long- term project financing was provided on 12 April, 2022. https://www.oikocredit.coop/k/en/n2613/news/view/350743/9049/oikocredit-invests-1-4-million-in-weziza-benin-to-support-the-growth-of-distributed-energy.html https://www.afrik21.africa/en/benin-oikocredit-invests-1-4-million-in-wezizas-solar-mini-grids/

Energy

World Bank Group

Project

Power Generation (CCGT), Solar, Government