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African Development Fund to Support Renewable Energy in Liberia

Power News - Published on Mon, 10 Feb 2020

Image Source: Gbedin Hydropower
The African Development Fund has approved a USD 34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia. Under the first project, the Renewable Energy for Electrification in Liberia, more than USD 33 million, primarily in the form of a grant from the Bank and the Strategic Climate Fund’s Scaling-up Renewable Energy program, is to support renewable energy sector growth. The funds will go towards construction of a mini dam on the St John River in Nimba County in northeastern Liberia and the development of the Gbedin hydropower Falls with a total capacity of 9.34 megawatts of power, to be transmitted through an 8 km, 33kV line connecting 7,000 households.

The system would allow for grid expansion to isolated communities and support the connection of schools, health centers, businesses and industries to the national grid, increasing the rural electrification rate in Liberia.

Minister Samuel Tweah Jr. said the project, scheduled for completion by 2024, would help unlock one of the main constraints to economic development -- access to a reliable, affordable and sustainable supply of electricity.

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Posted By : Yogender Pancholi on Mon, 10 Feb 2020
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