From pv magazine Global
The World Bank is aiming to provide electricity to 490 million people this decade by installing 210,000 mini-grids, a webinar focusing on the local networks in Africa has heard.
Tatia Lemondzhava, an energy specialist at the multilateral development finance institution, told an event organized by Solarplaza, falling prices could see mini-grids offer electricity to 500 million people by 2030, the deadline for achieving the United Nations sustainable development goal of providing universal energy access.
With Bangladesh preparing to announce on Monday that it has achieved that historic goal, the online event predicted Nigeria would need US$10 billion of the US$200 billion the World Bank estimates will be needed to supply universal access in sub-Saharan Africa.
The Democratic Republic of the Congo, Ethiopia, and Sudan will each need US$7-10 billion, according to Lemondzhava, and each of Angola, Burkina Faso, Kenya, Mozambique, Niger, Tanzania, Uganda, and Zimbabwe will require US$4-7 billion of investment.
Some US$155 billion of the US$200 billion total will be needed for household electricity access – US$62 billion on off-grid systems and US$93 billion for the expansion of grid networks – and a further US$40 billion would fund panels for schools, health centres, and clean cooking facilities, as well as funding the right enabling environment for such projects to be installed, according to the World Bank representative.
Lemondzhava added, the development body has already invested US$1 billion in mini-grids over the last decade while attracting US$1.1 billion from public and private sector partners.
Author: Cosmas Mwirigi
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.