Chad solar Panel Purchase Cost

Will a solar PV plant be a 'pioneering project' in Chad?

The European Investment Bank (EBI) described the solar PV plant as a “pioneering project” that “will help liberalise the energy sector, and mobile private investment in Chad.” It is calculated that the cost of electricity will be less than half the current cost of power following the project.

How poor is Chad in 2023?

In 2023, extreme poverty across the country was recorded at 35.4%. Energy is scarce and unreliable across Chad. Only 4% of the population has access to electricity. Currently, traditional wood fuel is the primary source of energy consumption across the country.

Why do people in Chad use biomass?

People across Chad have to use conventional energy resources, such as biomass and charcoal in order to cook, light their house and other economic activities. In particular, it is women and children who spend a lot of time sourcing the biomass materials, which increases their risks of harmful respiratory diseases.

Is Chad a poor country?

Located in North Central Africa, Chad is an exceptionally diverse country, home to more than 200 ethnic groups and 100 different languages. However, with a cumulation of political instability and natural disasters, Chadians are suffering from rising food insecurity and poverty levels.