Niger Joins Scaling Solar
On June 14, 2021, the International Finance Corporation (IFC), a member of the World Bank Group, and the Government of Niger announced a partnership under the World Bank Group’s Scaling Solar program to develop up to 50 megawatts of grid-connected solar power, equivalent to roughly 20 percent of the country’s current installed capacity.
The project will help power thousands of homes, schools, businesses, and hospitals in Niger, where most lack access to electricity, and support the country’s efforts to generate 30 percent of its power through sustainable sources by 2035.
Under the agreement, IFC, together with its sister organizations, the World Bank and theMultilateral Investment Guarantee Agency (MIGA), will work with the Government of Niger through the Ministry of Energy (MoE) and the country’s electricity utility, Société Nigérienne d’Électricité (NIGELEC), to attract private sector partners to develop, tender, and finance utility-scale solar power, quickly and affordably.
For more information, please read the press release here.