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6 FAQs about [Solar energy company business plan Benin]
Who can benefit from a new off-grid solar scheme in Benin?
Households, smallholders and entrepreneurs in remote locations across Benin will be able to access reliable and cheap electricity for the first time under a new off-grid solar scheme agreed between leading solar energy company ENGIE Energy Access and the European Investment Bank, one of the world’s largest financiers of renewable energy.
Who are the actors in the solar industry in Benin?
The Interprofessional Association for Renewable Energy Specialists (AISER - Bénin) is one of the main actors in the private sector for solar products and installations in Benin. It is an association for promotion and advocacy of renewable energy in Benin.
How will a European Investment Bank loan help Benin?
The European Investment Bank has agreed to provide a EUR 10 million loan to support the deployment of 107,000 high-quality solar home systems to Benin. This will open up access to clean energy for 643,000 people. The solar home systems include solar panels and battery storage to be sold on Pay-As-You-Go (PAYGO) contracts.
Will EIB support Engie to deploy off-grid solar power in Benin?
The new Benin cooperation follows EIB’s previous support for ENGIE to deploy off-grid solar power in Uganda. Benin is the sixth African country to benefit from the EIB’s streamlined support for African off-grid energy investment, following recent backing for projects in Mozambique, Uganda, Chad, the Democratic Republic of Congo and the Comoros.
What is PAYGO partnering with the European Investment Bank in Benin?
Our new partnership with the European Investment Bank in Benin will provide ultra-affordable PAYGO systems to people in villages across the country, giving access to clean solar energy and financial empowerment.
Will Engie support off-grid solar deployment in West Africa?
The European Investment Bank is pleased to agree new support for scaling up off-grid solar deployment to West Africa under this new partnership with ENGIE. “For the first time, more than half a million people across Benin will be able to access electricity that will power communications, provide light and make cooking easier.

































