Ethiopia: Ministry Ordered Additonal Solar Panels from Poly Technologies

The Ethiopian Ministry of Water & Energy has ordered additional photovoltaic solar panels for Africa's largest solar power project. The 3,700 solar panels, worth US$1.5 million will be supplied by a Chinese company, Poly Technologies.

The ministry has previously purchased 25,000 solar panels from the same company. The panels are currently being installed across six regional states of Ethiopia. The purchase has been financed by the World Bank.The project is funded by the US$130 million loan the International Development Association provided to Ethiopia's energy sector.

The Ministry's Rural Electrification program aiming to supply 15,000 households with solar powered electricity by the end of the five year government Growth and Transformation Plan.

Source: Fortune


Exchange Rates

USD 42.1428  41.3165 
GBP 55.3106  54.2261 
EUR 49.4672  48.4973 
CHF 42.7198  41.8822 
CAD 30.2213  29.6287 
AED 10.3823  10.1787