What is the RBF?
The Liberia Solar Home System Results-based Financing (LSHS-RBF) programme is jointly implemented by Energising Development and BRAC Liberia with funding from the Netherlands Ministry of Foreign Affairs (DGIS), and the Rural and Renewable Energy Agency (RREA) with funding from the World Bank. The LSHS-RBF provides Direct Subsidies (DS) which reduce the overall cost of ownership of SHS for eligible beneficiaries thus addressing the affordability gap and Indirect Subsidies (IS) which aim to provide an incentive for companies to expand and operate in underserved markets.
In a Results-based financing (RBF) approach commercial off-grid solar (OGS) companies receive a financial incentive for achieving agreed-upon results including sales/installation of SHS to eligible customers (see Annex 2: Frequently Asked Questions for further information on RBFs).
The programme will run from December 2023 until June 2025 for the Direct Subsidy and up until December 2026 for the Indirect Subsidy.
The call for interested companies starts on 8th December 2023. Applications are assessed on a rolling basis until May 31, 2024. Please note: funding will be allocated on a first-come-first-serve basis and therefore early applications are strongly encouraged.
All companies interested in applying for the IS and/or DS subsidy must send a letter of intent to firstname.lastname@example.org and you will be provided with the application form (find here the form), application template (find here the excel file), and the required annexes. Companies meeting the eligibility criteria can then apply through BRAC Liberia by submitting a soft copy of the Application Form and requested annexes via email to email@example.com with the subject line “LSHS-RBF Application”