3 FAQs about What is an energy storage solution company in the Democratic Republic of the Congo

What is the main energy resource of the Democratic Republic of Congo?

Hydroelectric power (See Annex 1) is the main energy resource of the Democratic Republic of Congo. The DRC ranks first in Africa in terms of its potential (100,000 MW), which accounts for 13% of the global hydropower potential.

Is the Democratic Republic of the Congo an energy exporter?

One of the Inga dams, a major source of hydroelectricity in the Democratic Republic of the Congo. The Democratic Republic of the Congo was a net energy exporter in 2008. Most energy was consumed domestically in 2008. According to the IEA statistics the energy export was in 2008 small and less than from the Republic of Congo.

Will PROPARCO invest in a mini-grid project in eastern DRC?

Building on these initial successes, the company has developed a pipeline of mini-grid projects in Eastern DRC. Proparco plans to co-invest with IFC in this opportunity, and has jointly led the ESG and Governance action plans, bringing much-needed risk capital to the round to fully finance the series B projects.

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