World Bank approves $35 Million for Haiti energy projects

The Haitian government has received yet another boost in its ambitious goal towards modernizing its energy production and electricity access.

On October 26, the World Bank issued an official press release confirming the approval of $35 million in grants for two projects aimed at developing clean renewable energy and improving electricity access to both urban and rural parts of Haiti.

The two projects include the “Renewable Energy for All” and the “Haiti Modern Energy Services for All“.

The energy initiatives are primarily geared towards improving electricity access to more than 2 million Haitians.

The grants will also go towards helping Haiti shore up investments in various renewable energy sources.

Haiti’s Ministry of Public Works, Transport & Communications will be in charge of implementing both plans.

Back on June 16, during his first state visit to the United States since becoming president, President Jovenel Moise announced a bold new initiative to establish 24 hour electricity across much of Haiti over the course of 18-24 months.

The President and his administration have already took major steps towards making this goal a reality.

The additional World Bank funding should definitely help the country in its quest towards building a more robust and sustainable national power grid.

A detailed overview of the $35 million grant and a list of key objectives set forth for both projects can be found in the full press release.