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project

Redavia

Country
Ghana
Technology
Solar PV
Business model
CPP

Contract signature date: December 2018
Total ElectriFI financing: USD 2 m
Environmental and Social Category: B

*(A) high risk, (B+) medium high risk, (B) medium risk or (C) low risk

Brief description of the client and project

REDAVIA offers rental solar power for businesses and communities – with a regional focus on East and West Africa. The REDAVIA system is based on a preconfigured container model, including high-performance solar modules and high-quality electrical components. It is easy to ship, set up, scale and redeploy. Businesses and communities benefit from a cost-effective clean energy solution without the need for upfront investment or technical skills, supporting the reduction of carbon emissions and increasing the impact on a sustainable society.

Funding objective

ElectriFI to support REDAVIA C&I solar rental expansion in Ghana.

Why ElectriFi wants to fund this project

REDAVIA plays a catalytic role in bringing solar PV solutions to medium-sized enterprises in Ghana. It revolutionizes the energy access and brings strong economic benefits for the off-takers.

 

 

REDAVIA at a glance

 

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Impact

Number of beneficiaries
37,662
Annual output (MWh/y)
13,957
GHG avoidance (tCOeq/y)
18,144

Key indicators

Beneficiary
Redavia
Financing instrument
Senior Debt
Amount
USD 2 million
Country
Ghana
Technology
Solar PV
Business model
Captive Power Plant
Year
2018
Facility
ElectriFI Global

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