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The Green Climate Fund pledge $27 Million for solar mini grids in Burkina Faso

The Green Climate Fund pledge $27 Million for solar mini grids in Burkina Faso

The GCF have pledged $27 Million as an incentive for local companies in Burkina Faso to supply 100 villages with power from solar mini grids. The “Yeleen Rural Electrification Project”, as it is known, is seen to be a good candidate for replicability and one that could encourage more private sector involvement in similar rural-electrification projects in Burkina Faso as well as the rest of sub-Saharan Africa. This investment is also likely to mobilise funds from the European Union, the Africa Development Bank, private investors and others.

GCF Pledges $27 Million to Install Solar Mini Grids For 100 Villages In Burkina Faso

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