Cabo Verde solar grant powers renewable energy transformation across the islands
Cabo Verde has taken a monumental step toward sustainable energy, securing a €4 million grant from the European Investment Bank (EIB). This crucial funding will support solar panel installations at key public facilities like schools and hospitals on the islands of Santiago, Sal, and Boa Vista—a significant milestone in the nation’s push for energy independence and sustainability.
This initiative is part of a wider national strategy to expand renewable energy access and lessen reliance on imported fossil fuels. The project is a key component in the national goal of achieving 100% renewable energy by 2026, a target you can track in our Cabo Verde Solar News Archives.
By investing in solar power, Cabo Verde isn’t just harnessing a natural resource; it’s building a foundation for sustainable growth and energy security. This transformative project is a powerful example of how renewable energy can drive positive change, setting a compelling precedent for other nations with similar goals.
Explore the full scope and impact of this initiative in our detailed report on the Cabo Verde solar project. The nation’s ambitions are also reflected in a separate solar tender for a 5 MW photovoltaic project on Santiago Island, detailed in our coverage of the Cabo Verde solar tender.
For Cabo Verde, this solar energy project is about more than clean energy; it represents a commitment to a future where renewable solutions drive national development. As global interest in renewables grows, Cabo Verde’s initiative offers valuable insights and inspiration for countries worldwide.
