US$10M Solar Home System Results-Based Financing Project Launched In Liberia

Rural and Renewable Energy Agency (RREA) has officially launched Liberia’s Solar Home System results-based Financing project in this country.

RREA aims to facilitate and accelerate the economic transformation of rural Liberia by promoting the commercial development and supply of modern energy services to rural areas with an emphasis on locally available renewable resources.

Under the World Bank, GIZ, and Netherlands-funded project, the Liberia Electricity sector strengthening and access project, Rural and Renewable Energy Agency, and Energizing Development together with BRAC Liberia are seeking to jointly implement the Liberia solar home system results-based financing project.

The project, which is valued aroundUS$10 million will benefit several rural communities beginning with the construction of distribution factories in Greenville, Sinoe, and Buchanan Grand Bassa County among others.