World Bank Invests in Solar Energy to Expand Access to Electricity in Guinea-Bissau
The $35 million grant will enable solar power generation and increase access to electricity in Guinea-Bissau. The project is expected to benefit residential, commercial, and industrial consumers all over Guinea-Bissau, including on the islands. It will also support the Government’s efforts to create an enabling environment for private sector participation, as well as spur economic growth and create green jobs.
The Solar Energy Scale-up and Access Project will be implemented until June 2030, and will benefit from $35 million grant financing from the International Development Association (IDA), $10.5 million from the Green Climate Fund (GCF), and $2.65 million from ESMAP.
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