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Four West African nations get $311 million from World Bank for renewables

Four West African nations get $311 million from World Bank for renewables

THE World Bank has signed an agreement with four West and Central African nations worth $311 million to fund renewable energy projects. The funds will finance around 106 megawatts (MW) of solar power generation capacity with battery energy and storage systems, and a 41 MW expansion of hydroelectric capacity. The countries are Sierra Leone, Liberia, Togo and Chad. The funds will support electricity distribution and transmission interventions. A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo Sierra…
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