Impact investor responsAbility Investment has provided long-term debt financing to the first grid-connected solar PV projects in Botswana through one of its climate funds.
The projects – Bobonong (3MW) and Shakawe (1MW) will set up power purchase agreements with state-owned utility Botswana Power Corporation (BPC) for 25 years. The signing of the PPAs marks a milestone in Botswana’s clean energy commitments as its seeks to reduce its carbon emission and reliance on fossil fuel generated electricity.
