The project proposes a public–private partnership business model for investing and operating small-scale solar mini-grids, which fits with the country context. The shift from “Build, Operate, Transfer” regional concessions to a public pre-financed concession model will result in triple benefits: (1) increased energy access for remote areas of the country; (2) privatesector contribution achieved through lowering the initial investment cost; and (3) realizing a uniform tariff across the country, with an electricity price that aligns with affordability for the poorest. It sets a good example in terms of country ownership, with a significant level of co-financing by the country which then partners with the GCF in de-risking energy access activities to reach levels acceptable to the private sector and affordable to the communities.
Project contacts not available at the time of disclosure.
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