The European Investment Bank (EIB) has this week announced its plans to invest in innovative solar systems to provide power to rural communities on the African continent.
 |
| The European Investment Bank (EIB) is investing in innovative off-grid solar systems. |
The €25m of financing into the San Francisco-based company d.light design will enable the development of solar kits, consisting of panels, lamps and low-energy equipment, such as radios or TVs.
The bank is hoping the investment can lead to the installation of 10 million such kits within sub-Saharan Africa over the next five years. The initial focus for the programme will be on Ethiopia, Kenya, Nigeria, Tanzania and Uganda.
No comments:
Post a Comment