GE Africa, the U.S. African Development Foundation (USADF) and the U.S. Agency for International Development (USAID) on Monday, August 10, 2015, disclosed that an additional USD 1.1 million has been awarded to 11 companies across Ethiopia, Tanzania, Kenya, Nigeria and Ghana.
The awards were announced during President Obama’s trip to the Global Entrepreneurship Summit in Nairobi.
Winners will each receive a grant of up to USD 100,000 to enlarge their renewable energy solutions and reach those currently not served by the grid, they noted in a statement.
The Off-Grid Energy Challenge, part of Beyond the Grid Initiative advances innovative solutions that increase access to reliable, affordable and sustainable power.
The most recent winning projects comprises 5 solar systems, 3 biogas generation projects and a small hydro-electricity power plant providing over 10,000 people with electricity and light that did not have access before.
The Off-Grid Energy Challenge is causing African entrepreneurs throughout the continent to stimulate innovative ideas into action to develop off-grid energy solutions.
Sources: The Daily Monitor
