#funding

Asian Development Bank (ADB) will be supporting Tripura Government with $220 M to undertake a major power sector revamp in the northeastern state.

The new Norwegian Climate Investment Fund managed by Norfund and KLP invested $11 M into an Indian transmission project in Karanataka.

Federal Government, through the Transmission Company of Nigeria has completed 105 projects between 2015 and 2022 to strengthen power transmission networks.

Financing for the Singrobo-Ahouaty 44 MW hydropower project in Côte d’Ivoire has reached financial close.

The EBRD, GFC and EU partner on a finance package of up to $26.7 M (€25 M) to Banque Centrale Populaire (BCP) to support a green transition in Morocco.

Ukraine’s grid operator Ukrenegro has secured $314 M (€300 M) in loans from the European Bank for Reconstruction and Development (EBDR)

South Africa, France and Germany have signed loan agreements to each extend $300 M in concessional financing to support South Efrica’s energy transition.

The World Bank Group announces a major initiative to electrify sub-Saharan Africa (SSA) with distributed renewable energy.

Rwanda: The government of Rwanda has committed to channel Rwf 500 B ($473 M) to support its universal electrification efforts.

USA, Washington, D.C.: DOE seeks public input on new program to improve energy systems in areas with fewer than 10,000 people.

Australia: Clean energy company ACEN Corporation has committed up to $800 M to build the 400 MW Stubbo Solar Farm near Dubbo in the New South Wales.

USA, Washington, D.C.: The USA and Israel have announced funding of the development of innovative clean energy technologies.

Nigeria, Abuja: The Nigerian Government and the French Development Agency (AFD) signed a grant agreement of $25 M (€25 M) for the Northern Corridor Project.

UK: SP Energy Networks has announced $5.9 M (£5 M) fund for a tailored support programme for unlocking net zero across the electricity transmission network.

USA, Washington, D.C.: The US Department of Energy (DOE) has announced $45 M to fund protection of the electric grid from cyberattacks.

Liberia, Monrovia: The Government of Liberia and the European Union (EU) have commissioned the new Congo Town electricity substation.

USA, Washington, DC: The US Department of Energy (DOE) announced $26 M to fund projects conclusively showing that electricity grid can reliably run with DER.

South Africa, Garden Route: Garden Route District Municipality will receive $10,98 M (€10.5 M) for renewable energy projects.

Ghana: The recent inauguration of the Kasoa Bulk Supply Point marked the completion of the $316 M US investment into Ghana’s energy infrastructure.

The European Bank for Reconstruction & Development (EBRD) has committed $80 M towards the $500 M Alcazar Energy Partners 2 Fund.

USA, Washington D.C.: DOE seeks public input on a new initiative to enable the widespread availability of more clean, affordable, and reliable power.

Australia: Network company Transgrid had secured $75 M in federal government funding for the development of a link between Victoria and New South Wales.

Djibouti: The $55 M Second Djibouti-Power System Interconnection Project has been approved by the World Bank’s Board of Executive Directors.

Senegal: The World Bank has approved $150 M from the International Development Association (IDA) to increase access to electricity in Senegal.