Friday, November 22African Digital Business Magazine

Tag: Betmai Hydroelectricity Facility

Energy, Sierra Leone

Bitgreen, GEAPP, and Sewa Energy Resources partner to build $110M Hydroelectric Facility in Sierra Leone

Bitgreen joins the mission by aiming to raise $10M in debt financing through its blockchain platform for the Betmai Hydroelectricity Facility backed by Sewa Energy Resources, the Rockefeller Foundation, Bezos Earth Fund, and IKEA Foundation Bitgreen, the company building blockchain’s epicenter for sustainability, partners with green infrastructure developer Sewa Energy Resources (SERL) and international climate action platform Global Energy Alliance for People and Planet (GEAPP) to finance the Betmai Hydroelectric Facility in Sierra Leone. The partnership will fund construction of the 27 Megawatt run-of-the-river hydropower project, bringing affordable, renewable electricity to an equivalent of 500 thousand Sierra Leoneans through clean energy generated by the Pampana River. The Betmai f...