$27m to boost access green energy in Liberia

An investment worth $27 million (£18.3m) will be made to boost access to electricity and renewable energy sources in Liberia. The World Bank has approved the fund which will be […]

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By Jacqueline Echevarria

An investment worth $27 million (£18.3m) will be made to boost access to electricity and renewable energy sources in Liberia.

The World Bank has approved the fund which will be used to build a mini hydropower plant to benefit around 50,000 households and businesses in Lofa County.

The Liberia Renewable Energy Access Project (LIRENAP) will also benefit an additional 100,000 people nationwide who will gain access to solar systems, according to the World Bank.

It will be implemented by the Rural and Renewable Energy Agency (RREA) of Liberia.

It will work alongside the Ministry of Lands, Mines and Energy to ensure consistency between the the projects and the policies.

Inguna Dobraja, World Bank Liberia Country Manager said: “This project, aligned with Liberia’s development strategy Agenda for Transformation, targets electricity service expansion, reduces the cost of electricity and fosters renewable energy resources which are essential components to achieve sustainable economic transformation and poverty reduction.”