Existing and prospective electricity customers in Chad, Liberia, Sierra Leone, and Togo will benefit from the new Regional Emergency Solar Power Intervention Project RESPITE has approved for a total amount of USD 311 million in International Development Association financing. The new project includes a USD 20 million grant to help faciliate future regional power trade and strengthen the institutional and technical capacities of the West Africa Power Pool to undertake its regional mandate.The main objective of the RESPITE is to rapidly increase grid-connected renewable energy capacity and strengthen regional integration in the participating countries. It will finance the installation and operation of approximately 106 megawatts of solar photovoltaic with battery energy and storage systems, 41 megawatts expansion of hydroelectric capacity, and will support electricity distribution and transmission interventions across the four countries.West Africa has one of the lowest electrification rates coupled with some of the highest electricity costs in Sub-Saharan Africa. Furthermore, rising oil prices have increased the liabilities of electricity utilities and countries are staring at an acute power supply crisis that threatens to upend their economic growth.In addition to improving the reliability of electricity supply in each of the beneficiary countries, the project has developed a regional approach to enhance the potential of power trade in West Africa.
Existing and prospective electricity customers in Chad, Liberia, Sierra Leone, and Togo will benefit from the new Regional Emergency Solar Power Intervention Project RESPITE has approved for a total amount of USD 311 million in International Development Association financing. The new project includes a USD 20 million grant to help faciliate future regional power trade and strengthen the institutional and technical capacities of the West Africa Power Pool to undertake its regional mandate.The main objective of the RESPITE is to rapidly increase grid-connected renewable energy capacity and strengthen regional integration in the participating countries. It will finance the installation and operation of approximately 106 megawatts of solar photovoltaic with battery energy and storage systems, 41 megawatts expansion of hydroelectric capacity, and will support electricity distribution and transmission interventions across the four countries.West Africa has one of the lowest electrification rates coupled with some of the highest electricity costs in Sub-Saharan Africa. Furthermore, rising oil prices have increased the liabilities of electricity utilities and countries are staring at an acute power supply crisis that threatens to upend their economic growth.In addition to improving the reliability of electricity supply in each of the beneficiary countries, the project has developed a regional approach to enhance the potential of power trade in West Africa.