Saudi firm, one of five firms to submit proposals for two World Bank-backed projects, said to have produced Africa-wide milestone with tariff of US$25.26/MWh.
Distribution networks and awareness campaigns help spur US$259m-a-year market of off-grid PV lighting, making a leader of a country where only 13% enjoy grid access.
World Bank’s IFC, the EIB and Proparco pour €38 million into PPA-backed projects contracted last year at €0.0380-0.0398/kWh, paving way for construction.
