Renewable Energy Initiative Secures Funding for 50MW Solar Project
A major milestone has been reached in the region's green energy transition, with the SIDB successfully securing international funding for a 50-megawatt solar power plant near Qabri Dahar.
In a significant boost to the Somali Region's energy sector, the SIDB has announced the successful closure of a funding round for a new 50MW solar energy project. The initiative, developed in partnership with international green energy financiers, will provide clean, reliable power to thousands of homes and businesses, reducing dependency on fossil fuels and lowering energy costs.
The project is a key part of the region's broader strategy to harness its abundant renewable resources. It is expected to create hundreds of jobs during its construction phase and will provide a stable energy foundation for industrial growth in the area. This investment underscores the growing confidence in our renewable energy sector and paves the way for a sustainable and prosperous future.