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DRC agrees $100 mln solar-hybrid power deal for three cities

DRC agrees $100 mln solar-hybrid power deal for three cities

DEMOCRATIC Republic of Congo has signed a $100 million solar-hybrid power deal with a consortium led by Gridworks, to provide electricity to half a million people across three cities that have no grid connection. Solar-hybrid systems combine solar power with another electricity-generating energy source. For this 22-year concession, the backup power source will be diesel, Gridworks said. Less than 10% of Congo's roughly 90 million people have reliable access to electricity. The consortium is led by Gridworks, which is owned and financed by the British development finance institution CDC Group, and includes French utility company Eranove and Spanish power developer…
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