World Bank approves grant for Palestinian energy project
The World Bank has approved a $14 million grant as part of the multiphase Advancing Sustainability in Performance, Infrastructure, and Reliability of Energy Sector programme in Palestine.
Phase one of the program will focus on building new infrastructure and rehabilitating existing ones to improve reliability and facilitate better electricity interconnections with Israel and Jordan. It will also support improved metering systems with focus on identifying solutions for the poorer communities and reducing non-technical losses due to theft and unregistered customers.
The solar funding mechanism available for households and SMEs in Gaza will strengthen support for female-headed households in Gaza and will be expanded to the West Bank. The program will also support women engineers and entrepreneurs through private sector participation in renewable energy.
The program will benefit from an additional $49 million grant from donor partner, members of the Partnership for Infrastructure Development Multi-Donor Trust Fund, administered by the World Bank.
