Djermaya Solar project attracts new lenders to pioneer utility-scale energy storage in Chad

CHAD – The Emerging Africa Infrastructure Fund (EAIF), the African Development Bank (AfDB) and Proparco have acted as senior lenders to the 34MW Djermaya Solar project in Chad. The project will also have a 4MWh battery system. AfDB previously announced its support for the project, having approved €18 million (US$23,9m) senior debt facilities and a partial risk guarantee in 2019.…

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