IFC Partners with Release by Scatec to Boost Affordable Power in Liberia and Sierra Leone
Sierra Leone, Oct. 17 -- To boost electricity generation and support sustainable development in Africa, IFC, a member of the World Bank Group, today announced a partnership with Release by Scatec to roll out battery and solar power systems in Liberia and Sierra Leone, bringing reliable power to tens of thousands of homes and businesses in each country.Under new lease agreements, Release will deploy battery and solar photovoltaic units to add 24 megawatts (MW) of power in Liberia and 41 MW in Sierra Leone. Once operational, the project will expand electricity access for communities in Liberia and Sierra Leone, helping connecting thousands of new households to the grid and improving reliability for existing users. This marks a major step towa...
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