{"id":277339,"date":"2019-05-28T06:06:00","date_gmt":"2019-05-28T10:06:00","guid":{"rendered":"https:\/\/news.google.com\/articles\/CBMie2h0dHBzOi8vd3d3LmVzaS1hZnJpY2EuY29tL2luZHVzdHJ5LXNlY3RvcnMvcmVuZXdhYmxlLWVuZXJneS9ldGhpb3BpYS1yZW5ld2FibGUtZW5lcmd5LXByb2dyYW1tZS10YXJnZXRzLXRvLWluc3RhbGwtMTAwMG13L9IBAA?oc=5"},"modified":"2026-09-24T11:27:16","modified_gmt":"2026-09-24T15:27:16","slug":"the-world-bank-approved-200-million-in-guarantees-for-1000mw-of-ethiopian-renewables","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/277339","title":{"rendered":"The World Bank approved $200 million in guarantees for 1,000MW of Ethiopian renewables"},"content":{"rendered":"<p>In May 2019 ESI Africa reported that the World Bank\u2019s board approved a $200 million Renewable Energy Guarantees Programme, or REGREP, to back private solar and wind projects in Ethiopia.<\/p>\n<img data-recalc-dims=\"1\" height=\"780\" width=\"780\" class=\"aligncenter size-large wp-image-277392\" src=\"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2019\/05\/Koysha-Hydroelectric-project-workers-voice-grievances.jpg?fit=780%2C780&#038;ssl=1\" alt=\"The World Bank approved $200 million in guarantees for 1,000MW of Ethiopian renewables\" \/>\n<p>The program aimed to support more than 1,000 megawatts of greenfield independent power producer projects, including Scaling Solar auctions, and it was the first IDA guarantee package of its kind for Ethiopia after the 2018 PPP law.<\/p>\n<p>Bank officials said the guarantees could help pull in more than $1.5 billion in private investment while diversifying a grid that still depended heavily on hydropower.<\/p>\n<p>Kept as energy and FDI archive, the REGREP approval is a dated checkpoint for Ethiopia\u2019s shift toward competitively tendered private renewables.<\/p>\n<p><strong>Sources:<\/strong> <a href=\"https:\/\/www.esi-africa.com\/industry-sectors\/renewable-energy\/ethiopia-renewable-energy-programme-targets-to-install-1000mw\/\">ESI Africa<\/a>, <a href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2019\/05\/23\/world-bank-group-supports-ethiopia-in-providing-reliable-energy-and-creating-opportunities-for-private-investment-in-the-sector\">World Bank<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Ethiopia: Renewable energy programme targets to install 1,000MW&nbsp;&nbsp;ESI AfricaThe World Bank&#8217;s board of executive directors have approved $200 million Renewable Energy Guarantees Programme (REGREP) to mobilise International &#8230;<\/p>\n","protected":false},"author":30,"featured_media":277392,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-277339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2019\/05\/Koysha-Hydroelectric-project-workers-voice-grievances.jpg?fit=475%2C266&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-1a9d","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/277339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=277339"}],"version-history":[{"count":2,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/277339\/revisions"}],"predecessor-version":[{"id":754944,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/277339\/revisions\/754944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/277392"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=277339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=277339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=277339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}