Ignite Power Secures Grant Support from Catalytic Climate Finance Facility to Launch Climate Credit Enhancement Facility

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The Disruptive New Initiative is Set to Transform Off-Grid Solar Sector, Providing Financial Security for Last-Mile Electrification Projects

We are committed to tirelessly designing and implementing forward-thinking, disruptive models to connect communities in need and pave the way to a sustainable and inclusive future”

— Angela Homsi, President, Ignite Power

DUBAI, UAE, December 6, 2023 /EINPresswire.com/ — Ignite Power, a UAE-based climate-tech company scaling sustainable infrastructure solutions across Africa, proudly announces the receipt of grant support from the esteemed Catalytic Climate Finance Facility to introduce the groundbreaking Climate Credit Enhancement Facility (CCEF). This disruptive initiative aims to revolutionize the off-grid solar sector by offering a smart, data-driven guarantee mechanism for customer payments, thereby mitigating risks associated with ongoing payments and enabling accelerated growth in the sector.

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