The World Bank has signed an agreement with four West and Central African nations worth $311 million to fund renewable energy projects.
The funds will finance around 106 megawatts of solar power generation capacity with battery energy and storage systems, and 41 MW expansion of hydroelectric capacity.
The countries are Sierra Leone, Liberia, Togo and Chad. The funds will support electricity distribution and transmission interventions. Sierra Leone President Julius Maada Bio, who presided over the signing ceremony on Wednesday, said the deal was the beginning of a revolution in energy supply and access in the respective countries.
West Africa and Central Africa has one of the lowest electrification rates coupled with some of the highest electricity costs in Sub-Saharan Africa. Energy costs have increased further because of the impacts of Russia's February 2022 invasion of Ukraine as fuel prices rise.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
World Economic Forum’s select group of buffoons is here to save the worldIn the worldview of the elites gathered in Davos this January for the World Economic Forum’s 2023 meeting, the world's crises call “for bold collective action.” Of the ongoing crises calling for such action, climate change unsurprisingly made the top of the list.
Les mer »
San Antonio Four become advocates in West Texas murder caseKnown as the San Antonio Four at the time, the Latina lesbians whose 1998 sexual assault convictions were thrown out in 2016 and their records expunged, are trying to help do the same for a gay Apache convicted in the 1981 murder of a Catholic priest in Odessa.
Les mer »
West Family Reunites In Emotional The Flash Season 9 BTS ImagesNew BTS images for TheFlash season 9 have arrived, highlighting the emotional family reunion for the actors behind the West family.
Les mer »
West Point continues to impose COVID-19 vaccine mandate, despite rule's lift by Pentagon: reportThe U.S. Military Academy at West Point continues to impose COVID-19 mandates regarding unvaccinated students not being able to travel.
Les mer »
In the West, pressure to count water lost to evaporationMore than 10% of the water carried by the Colorado River evaporates, leaks or spills as the 1,450-mile powerhouse of the West flows through the region’s dams, reservoirs and open-air canals.
Les mer »
2 men found fatally shot minutes apart in separate attacks on Chicago's West, South sidesTwo men were found fatally shot minutes apart early Monday in North Lawndale and New City on the West and South Sides.
Les mer »