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Initiative adapts traditional project finance for mini-grid assets
CrossBoundary Energy Access (CBEA) has launched an open-source approach to increase the investment in infrastructure capital for mini-grids across Africa.
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CrossBoundary Energy Access open sources their Project Financing Approach for Mini-grids to accelerate Energy Access for all in Africa by 2030
600 million people across Africa lack access to affordable, reliable, sustainable energy. Mini-grids are a disruptive new approach that could accelerate energy access. The International Energy Agency (IEA) forecasts that mini-grids will be the least cost method to connect at least 264 million people by 2030. But to unlock their potential, we need new ways of financing mini-grids. CrossBoundary Energy Access is open sourcing its project financing approach for mini-grids to accelerate universal energy access in Africa
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Initiative adapts traditional project finance for mini-grid assets
Open Source December 3, 2020