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The compact, which started implementation on June 22, 2017, and closes on June 22 of this year, has successfully strengthened power sector regulation, improved utility management, attracted private sector investment into renewable power generation, and advanced energy efficiency throughout the country.
The idea is it should be a pilot for regulated off-grid electrificiation in Benin, part of a region that historically has failed to capture its huge renewable resources because of inadequate investment. The project to provide electricity in 12 rural localities, including 3 MWh of battery capacity that will supply more than 5,000 homes / businesses.
Solar energy is excellent for rural health centers. However, the “operation and maintenance” of this electricity access is often neglected or less taken into account in structuring projects in Benin. Several organizations are pooling their skills in order to ensure the monitoring of solar systems installed in hospitals via digital technology.
The European Investment Bank has agreed to provide a EUR 10 million loan to support the deployment of 107,000 SHS from French utility Engie to Benin. This will open up access to clean energy for 643,000 people. The solar home systems of Engie include solar panels and battery storage to be sold on Pay-As-You-Go (PAYGO) contracts.
Weziza is supported by Oikocredit in its activities. The Netherlands-based investment company is validating an investment of $1.4 million for the implementation of a rural electrification project. Led by Energicity, Weziza’s parent company, the project aims to connect 21 communities to a power grid.
Dutch finance company Oikocredit approved a €1.4 million (US$1.5 million) long-term financing facility for solar grids builder Weziza Benin. The facility will enable the company to connect about 40,000 people living in rural areas to solar power over the next 10 years.

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