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Featured photo: Photo of solar plant construction in Rwanda wins Power Africa photo contest

Rwanda Wins Power Africa Photo Contest, Kigali, Rawanda, solar energy, renewable energy, renewable, Power Africa, American business, Emerging markets, Small business financing, American small business, Overseas, OPIC, Impact investing, World development, Microfinance, Infrastructure, Investments, Political Risk Insurance, Entrepreneurs, Private sector, Finance, Developing countries, Improving, Investing

The winner of Power Africa’s Photo of the Year contest, this picture shows workers at the start of construction of Gigawatt Global’s 8.5 megawatt solar facility east of Kigali, Rwanda’s capital. The clean power project is East Africa’s first grid-connected, utility-scale solar energy facility and represents a full 6% contribution to the entire country’s power generation capacity.

OPIC supported the Gigawatt Global project in its early stages, which helped the project progress to receive financing from both private lenders and international development finance institutions.

Gigawatt Global’s solar facility, which began operation earlier this year, was one of the first until-scale project to come online under the U.S.-Africa Clean Energy Finance (ACEF) program, an integral part of President Obama’s Power Africa initiative. ACEF is funded by the U.S. State Department and the President’s Global Climate Change Initiative in partnership with OPIC and the U.S. Trade and Development Agency. Learn more

 

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