"WeLight showed a proactive and hands-on approach from the start"
Signature(s)
Amount (.*)
€ 14,850,000
Countries
Sector(s)
Madagascar
: € 14,850,000
Energy
: € 14,850,000
Signature date(s)
22/12/2022 : € 4,657,894.74
14/03/2025 : € 4,850,000
22/12/2022 : € 5,342,105.26
Other links
Summary sheet
Release date
25 January 2023
Status
Reference
Signed | 22/12/2022
20210095
Project name
Promoter - financial intermediary
MADAGASCAR ELECTRIFICATION PROGRAMME
WE LIGHT MADAGASCAR SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 15 million
EUR 28 million
Location
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives
The project will finance minigrids in Madagascar to households, business and other infrastructure facilities without access to reliable electricity supply
The electrification programme will generate a significant social, development and environmental impact, while providing a sustainable and reliable supply to un-served or under-served local communities that are currently relying on polluting and expensive fossil fuels.
Environmental aspects
Procurement
Although the mini off-grids to be financed are likely to be small, the promoter is required to implement them ensuring that the Environmental and Social Impact Assessment is carried out, in conformity with national law and the EIB environmental and social standards. To that end, the EIB has also assessed the promoter's capacity, approach and procedures to implement the project in line with the EIB's environmental and social standards.
The promoter has to ensure that implementation of the project is done in accordance with the EIB's Guide to Procurement.
Milestone
Under appraisal
Approved
Signed
8 April 2022
22 December 2022
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26 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ambinanitelo
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26 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ambinanin Andravory
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26 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ambodibonara
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26 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ambalahibe
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26 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ambakirano
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26 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ambalafaminty
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26 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ambatosoratra
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26 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Anjiabory
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Antanambao Andranolava
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Tsarahasina
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Belalona
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Tsaramandroso
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Morafeno Andrefana
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Andranomavo
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ampampamena
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Doany
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Marovatolena
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ambohibary
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27 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Mahadera
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Maroangezoka
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Bevonotra
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Tsiningia
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Andapabe
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Andranomamy
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Mariarano
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ankazotokana
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Fampotabe
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Vinanivao
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Maromitety
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Antanambao Analatsaka
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Befamelona
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Antsikory
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Manerinerina
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ambohibe
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Rangodona
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Antsakabary
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Andranofasika
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Marojala
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ambohitrova
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Marovovonana
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Andrembona
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Antonibe
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Madirovalo
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ampasimazava
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Besakoa
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Andrahanjo
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Melokanarana
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Ankijabe
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Anjahamarina
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Befiana
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Anjiajia
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Didy
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Rantabe
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Morafeno
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Marovantaza
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Antsirasira
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30 Nov 2024
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Environmental and Social Impact Assessment (ESIA) - MADAGASCAR ELECTRIFICATION PROGRAMME - Programme d'Engagement Environnemental (PREE) - Befamatra
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30 Nov 2024
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Inside the project
How and Why
A solution for rural Africa
Why
- Madagascar is one of the poorest countries in the world
- Accelerating energy inclusion in rural Africa improves the lives of hundreds of thousands
- Investment in difficult business environments and riskier markets
- Extending the national grid is not financially viable and not likely to happen in the medium term
How
- Solar mini-grids are the most cost-effective option for rural electrification in Madagascar
- The mini-grids will comprise a solar PV system, battery energy storage, an electricity distribution network, and a meter for each consumer
- Electricity is available 24 hours a day, 7 days a week, with power covering the needs of villages, both residential and professional
Sectors & Countries
PLAY VIDEO
3:06
Story
Alternatives to the main grid
Most rural households use kerosene, wood and charcoal for cooking and heating. The collection of wood and the production of charcoal damages forests and accelerates climate change due to greenhouse gas emissions.
Some people can afford to buy diesel generators to run electrically powered machines, tools and appliances, and irrigation pumps. Other solar home systems are mainly designed just to provide basic power for lighting and phone charging.
"My life is getting easier and better "
Clean, affordable and reliable energy
The solar power plant installed by WeLight generates electricity during the day and provides enough excess electricity to charges its batteries, which take over at night. Using a smart meters installed in private homes, residents can buy their electricity by prepaying directly with their phone.
WeLight offers free connection to community buildings (town halls, health centres, schools, police stations) and public lighting. These light up isolated villages, improve safety, and enable activities after dark.
Power for clean energy innovation
The world is currently on to track for a global temperature rise of 2.7˚C by the end of the century. That is well above the goal of 1.5oC set in the Paris climate agreement, and it would lead to serious changes in weather patterns worldwide.
A radical change is needed, and fast.
Making the best use of energy or – even better – using less of it is the best starting point. The next step is to make energy clean.
The scale and speed of the investment in clean energy solutions and innovations will determine whether we can still achieve a net-zero emission transition.
But what are the most promising green technology developments that can boost the decarbonisation of the economy? Let’s look at them.
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Solar power for rural Africa
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Links
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EU and partners sign the Global Green Bond Initiative Fund to mobilise up to €20 billion in investments for sustainable infrastructure
The European Union, including the European Investment Bank (EIB), and partner development finance institutions have signed the Global Green Bond Initiative (GGBI) Fund, a new public-private investment tool to mobilise up to €20 billion of private capital for sustainable infrastructure projects in low- and middle-income countries.
EIB Advisory to accelerate clean energy and just transition in four European coal regions
The need to accelerate Europe’s transition and reinforce its energy autonomy while fostering decarbonisation is more pressing than ever before EIB Advisory supports EU regions historically dependent on coal, peat, and oil shale.
Controlling plant pests without synthetic chemicals
Biocontrols developed by GreenLight Biosciences harness RNA technology to protect agriculture from insects and disease, without synthetic chemicals
Photogallery
©WeLight
©WeLight
©WeLight
©WeLight