DEG is open to creating partnerships for technical assistance and resources mobilization to fulfill its clean energy transition, energy efficiency and energy justice initiatives.
To facilitate the transition to solar energy, DEG is developing a partnership model to improve electricity access in public facilities, known as Governance Health Education Energy Access (GHEEA). Additionally, DEG seeks funding for a pilot of its Distributed Renewable Energy Storage System (DRESS), which aims to provide affordable electricity access for off-grid communities as GHEEA's brand initiative.
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1. GHEEA-Liberia’s Factsheet
As a renewable energy project developer startup , Direct Energy Giving (DEG) has developed a solar PV public-private partnership model. A developing pilot with investment interest in Liberia, West Africa is summarized here. The model is titled Governance Health Education Energy Access (GHEEA), and aims to transition fossil fuel generation of electricity in Government’s run facilities delivering productive services in local governance structures, healthcare and educational institutions to solar PV generating systems.
About pilot project (to be in phases):
Output capacity: 2.2MW
Est. Investment cap: US$4.2 M (debt/equity, both)
Est. project Life: 20 years NPV: 9m
IRR: 24%IR: 10%
Primary offtaker (End users): Government of Liberia
Project Developer: Direct Energy Giving
Project site: Bong County, Central Liberia
Phase 1: target end user institutions:
1. Local Government Building
2. Health Center
3. Educational center Estimated schedule of completion: 5 years Proposed feasibility study budget: $US13,890 (seeking grant support )
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DEG is seeking technical assistance and investment funding opportunities for this project, and available speaking with potential investors and institutions of interest.