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Solar energy project: US Eximbank approves a direct loan of more than 900 million dollars

09/06/2023
Source : ORISHAS FINANCE
Categories: Sectors

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In order to support the construction of two solar photovoltaic power plants in the United States, a press release published on June 1 indicates that the board of directors of the United States Eximbank approved a loan Direct more than $900 million to the Angolan Ministry of Energy and Water.

The project to build two solar photovoltaic power plants in the United States will make it possible to produce more than 500 MW of renewable energy and provide access to clean energy resources throughout the country. The transaction should also create 1 600 jobs according to estimates. ' According to Reta Jo Lewis, Chairman of the é Board of Directors of ' US Eximbank, “this transaction is not only part ' of the ' President é Biden's PGII initiative, but it does é also advance efforts to promote clean energy exports ; and strengthen trade relations between the United States and Africa .

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