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Home - Technology - Financing round opened for off-grid solar energy in West Africa – SPE
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Financing round opened for off-grid solar energy in West Africa – SPE

solarenergyBy solarenergyJune 3, 2024No Comments2 Mins Read
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The Economic Community of West African States (ECOWAS) is offering grants from $10,000 to $250,000 in the second round of funding of the Regional Off-Grid Electricity Access Project (ROGEAP) to develop off-grid solar energy in 13 West African and sub-Saharan African countries. The deadline for registration is June 23.

June 3, 2024 Patrick Jowett

ECOWAS has opened its second call for grants under its ROGEAP initiative. ROGEAP is co-financed by the World Bank, the Clean Technology Fund and the Directorate General for International Cooperation of the Netherlands and aims to expand access to sustainable electricity through off-grid solar products in ECOWAS member states and four Sahel countries.

Thirteen of the 19 project countries are eligible for financial support and technical assistance in the latest funding round: Benin, Burkina Faso, Cameroon, Chad, Ivory Coast, Gambia, Ghana, Liberia, Mali, Mauritania, Niger, Nigeria and Sierra Leone.

The tender is open to startups, established small and medium-sized enterprises (SMEs) and large companies in the off-grid solar energy sector, each through different subsidy windows.

Startups and early-stage companies can apply for matching grants between $10,000 and $25,000. Early and growth-stage companies deploying off-grid solutions in remote markets may be eligible for market access grants of $50,000 to $150,000. Developed companies in challenging, economically unviable markets can obtain performance-based grants ranging from $150,000 to $250,000. Full entry details are available in the grant document.

Potential applicants can register via the project website. The application deadline is June 23, 2024.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

See also  Tesla releases Powerwall 3 expansion units for more capacity at a lower price – SPE

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Africa Energy financing offgrid opened solar SPE West
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