Official Launch of Green Genset Facility

The Green Genset Facility (GGF) has officially been launched at the Transforming Energy Access Forum 2024 in Kigali!

This represents an exciting step for global efforts to replace fossil fuel-powered generators with renewable energy-based alternatives.

The GGF, a spin-off from the Access to Energy Institute, will make it simple and transparent for distributors to buy solar-powered generators, accelerating a move away from fossil fuel alternatives. The facility will address the lack of accessible and affordable working capital — seen as the biggest obstacle that distributors face in procuring solar generators from suppliers.

Through digital tracking of repayment and usage patterns, the facility will make it easier to buy stock to serve customers and grow distributors’ businesses, with the aim to improve livelihoods, reduce emissions and pollution in Africa. In a market due to exceed $20 billion in Nigeria alone, the facility will focus on unlocking the market for solar powered generators with the aim of raising $100 million in funding.

GGF will be open for applications from distributors starting April 2024 – watch this space for more: https://www.ggf.energy/

Download the full press release by our collaboration partner ZE-Gen here: Transition to renewable electricity generation given jumpstart with funding announced at Transforming Energy Access Forum.