Ethiopia: WBG to provide guarantees for renewable IPP programme


In depth
Issue 393 - 31 May 2019 | 5 minute read

The World Bank Group (WBG) board of directors on 23 May approved guarantees worth up to $200m for renewable energy independent power producer (IPP) projects in Ethiopia under the International Development Association’s Renewable Energy Guarantees Programme (Regrep). The programme will be implemented in phases until end-2025, starting with a $10m guarantee for the $120m 100MW Metehara solar photovoltaic (PV) project and followed by three further phases. The guarantee programme could eventually support projects worth more than $1.5bn, adding more than 1GW of wind and solar PV capacity to the grid.

Tagged with:

Pin Power

Pin Ethiopia

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register