Successful support of solar mini-grids project in Senegal
GCF Board approves CFI-supported project application in Senegal : Launch of ASER Solar Rural Electrification Project!
The CFI project successfully supported BOAD (Banque Ouest Africaine de Développement) in developing a project proposal on the use of solar mini-grids in Senegal, which has recently been approved by the Green Climate Fund (GCF). The project receives USD 89 Mio of GCF funds and is expected to contribute to emission reductions of 1.1 MtCO2 in total.
For more information on the project design go to: https://www.greenclimate.fund/project/fp138
Here you can find videos of the decision at the GCF Board meeting (11. Consideration of funding proposal, part 1 (3:08:30)): https://www.greenclimate.fund/boardroom/meeting/b26
Learn more about the approval process: ASER GCF project approval verbatim
Download the press release here: Press Release PDF