The government of Togo has inked a financing agreement of US $64M with the World Bank for for solar energy and electricity storage project.
The funding is part of a $311 million package committed by the World Bank under the Regional Solar Emergency Response Project (RESPIT). The deal was inked between between Sani Yaya, Togo’s Minister of Economy and Finance, and Coralie Gevers, the World Bank’s Director of Operations for Togo.
RESPIT project aims to “rapidly” increase grid-connected renewable energy capacity and strengthen regional integration in Togo, Chad, Liberia and Sierra Leone. The solar project invlolves construction of a 25 MWp power plant power plant in Dalwak. The plant will be equipped with a 40 MWh battery storage system.
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Electrification strategy
The project upon completion will electrify at least 60 localities in northern Togo. In rural areas, the World Bank financing will allow the electrification of 12,100 households and the installation of 1,858 street lamps for public lighting.
According to the Togolese government, Respit will “accelerate the achievement of the electrification strategy objectives set out in the Roadmap 2025, notably universal access to electricity by 2030”. Lomé is aiming for a 75% electrification rate by 2025. In Liberia, where Respit was recently launched with $96 million in World Bank funding, a 60 MWp solar photovoltaic plant will be built near the Mount Coffee hydroelectric dam in Montserrado County.