Mali solar rural electrification project

  • Mitigation
  • Under implementation
Date approved
28 Feb 2019
Est. completion
10 Feb 2027
ESS Category
Category B
Financing
Public sector
Entity
Banque Ouest Africaine de Développement (West African Development Bank)

Overview

This first phase of the project will promote rural electrification through isolated solar photovoltaic (PV) green mini-grid systems as a low-carbon and resilient solution to the effects of climate change in the energy sector of Mali.

This would be achieved by: increasing the rural population's access to electricity in 50 identified communities by (a) switching energy demand from diesel generators, kerosene lamps, paraffin candles and other emitting sources; and (b) by installing 4.83 megawatts of isolated solar PV mini-grid systems. In addition this project will strengthen the capacity of public institutions engaged in rural electrification; catalyse the development of an efficient solar market that will enable Mali to meet its renewable energy and greenhouse gas (GHG) reduction targets; contribute to the regulatory framework through capacity-building and putting in place an institutional framework to further promote the deployment of renewable energy; and catalyse the inclusion of the private sector in the programme through the incentivisation of workable and long-term operation and maintenance concessions.

This project has an estimated lifespan of 25 years.

Result areas

Project timeline

  • Pipeline

    532 days

    • Concept note received

    • Funding proposal received

    • Cleared by GCF Secretariat

    • Cleared by iTAP

  • Approved

    714 days

    • Approved by GCF Board

    • Legal opinion on AE's Internal Approval

    • FAA executed

  • Under implementation

    1,952 days so far

    • FAA effective

  • To be completed

    240 days to go

    Not started

  • Total project value $ 39.9 million

  • Tonnes of CO2 equivalent avoided 822 thousand

Financing

GCF-financing

0.0%

USD

Co-financing

0.0%

USD

USD 39.9 million

Show details

GCF-financing

4% disbursed

  • Loan USD 28,315,026.31
  • Grant USD 1,917,594.53
  • Total GCF-financing USD 30,232,620.84

Co-financing

  • Loan USD 9,643,749.42
  • Total co-financing USD 9,643,749.42

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Documents

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