Rwanda: renewables sector receives USD 50M investment

December 5, 2017

 

The New Times highlighted that this intervention comes barely a month after local players in the renewable energy sector under their umbrella body, Energy Private Developers, had come out seeking financing to help meet national targets.

 

A section of the funds will also be used to enable access to credit facilities to mini-grids and developers in the sector.

The fund will allow a section of Savings and Credit Cooperatives Societies (SACCOs), commercial and micro-finance institutions to provide affordable loans to their clients to purchase certified solar systems.

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