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Improving access to clean and reliable renewable energy in secondary cities

Project

Signature date
Location
Chad
Financing tool
Loan
Financing amount (Euro)
1500000
Financing details
EUR 1.5m loan
Customer
ZIZ SA
Type of customer
Company
Country of headquarters
Chad
Project number
PTD1027
Environmental and social ranking
IF-B
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This information is given at the time of signature, without prejudice to any developments in the operation/project.

Proparco is supporting the Chadian company ZIZ Energie with EUR 1.5m of financing

Client presentation

ZIZ Energie is a Chadian company with 16 years’ experience in the development, construction and operation of mini-grids in Chad. ZIZ currently has more than 100 employees in the country. The company traditionally managed thermal energy production and distribution concessions on behalf of the Chadian State in five cities in the country. In 2020, ZIZ concluded a 20-year contract with the Ministry of Petroleum and Energy to build and operate five first hybrid mini-grids (PV + storage + genset), each with a capacity of 2.5 MW.

Project description

Proparco has allocated financing to ZIZ for the CAPEX of the hybrid production sites (PV + battery + genset) under construction.

Project impact

100% of this project is classified climate-mitigation and should generate the following impacts:  

  • Provide clean and reliable decentralized renewable energy solutions to residents of secondary cities (beneficiaries estimated at around 70,000) and reduce the use of diesel generators
  • Reduce and stabilize tariffs, while reducing the energy dependence of people with respect to the international context and the volatility of the energy market 

The project will contribute to SDG 1 (No poverty), SDG 7 (Affordable and clean energy), SDG 8 (Decent work and economic growth), SDG 9 (Industry, innovation and infrastructure), SDG 10 (Reduced inequalities), SDG 11 (Sustainable cities and communities) and SDG 13 (Climate action).