The Green Climate Fund (GCF) has pledged to provide €24.3 million (~$27.54 million) to the Yeleen Rural Electrification Project in the West African country of Burkina Faso.
The project will provide clean energy to 100 villages through the installation of solar mini-grids in rural areas. The assistance will be provided as capital grants to selected bidders for each successful electricity connection. This project will also support the construction of a renewable energy infrastructure and help local financial institutions.
It should be noted that only three percent of the rural areas in Burkina Faso have been electrified thus far. Read More