Wednesday
October 2
2024

Ignite Power Agrees to Terms for Carbon Off-Take Agreement with SEFE, Advancing Goal to Connect 100 Million by 2030

By Gil Karie

Ignite Power, a leading distributed renewable energy (DRE) provider in Sub-Saharan Africa, has signed a Term Sheet with SEFE, an international energy company, for a carbon off-take transaction targeting carbon markets under Article 6. The facility is a key milestone in Ignite’s journey to connect 100 million people to clean, sustainable energy by 2030. This innovative transaction, which represents a significant advancement in climate finance and energy access, will drive the company’s expansion across both West and East Africa, where it is deploying off-grid solar systems to underserved and unserved communities.

Source: EIN Presswire (link opens in a new window)

Tags
climate finance, decarbonization, distribution, energy access, off-grid energy, SDGs, solar