InfraCo, Equatorial to invest US $1.7m in solar mini-grids in DRC and Rwanda

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InfraCo, Equatorial to invest US $1.7m in solar mini-grids in DRC and Rwanda

Investment company InfraCo Africa has signed a partnership with renewable energy provider Equatorial Power to US $1.7M to develop a portfolio of solar mini-grids in Rwanda and the Democratic Republic of Congo (DRC).

The inked deal will see development of mini-grids with a capacity of between 60 and 85 kWp. These installations will have battery storage systems to manage fluctuations in solar radiation during the rainy season. In Rwanda, four mini-grids will be built in the southeast of the country. Equatorial Power is also planning to build four agricultural processing centres (APH) for rural populations.

In the DRC, four off-grid solar systems and four agricultural processing centres will be built on Idjwi, an island in Lake Kivu. In Rwanda, the project will be implemented in the southeast of the country. InfraCo Africa and Equatorial Power are targeting 3,330 connections to low-income consumers in the DRC and 2,500 in Rwanda, providing more than 35,000 people with access to clean electricity by 2023. The project is expected to give a boost to electricity access policy in both countries.

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The DRC, which is the largest beneficiary of this project, has an electricity access rate of only 19% according to the World Bank’s 2020 report. According to Power Africa, 95% of the population still does not have access to electricity in the DRC. This Central African country is well known to Equatorial Power. The Kampala-based company has already commissioned a 29.7 kWp containerised mini-grid in Idjwi. Isolated from the rest of the DRC by Lake Kivu, this 340 km2 island is home to more than 200 000 people.

In addition to household electrification, these mini-grids should provide local communities with access to services such as water purification, cold storage, fish drying and maize milling. The Equatorial Power and InfraCo Africa project is supported by the PIDG Technical Assistance (PIDG TA), which is providing a capital grant of US $1.35M. For its part, the World Bank is committing US $1.054M in the form of a grant.

 

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