PROJECT FACTS

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: Gbarnga, Bong County, Central Liberia

Phase 1: target end  user institutions:

1. Gbarnga local Government Building

2. CB Dunbar Health Center  

3. Bong County Technical College

Estimated schedule of completion: 5 years

Proposed feasibility study budget: $US13,890 (seeking grant support )

DEG is seeking technical assistance and investment funding opportunities for this project, and available speaking with potential investors and institutions of interest.