Financing Source/21

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Last edited on 15/03/2023 by Kimberly Fahsold
(Date format: DD/MM/YYYY)

Key facts

Providing financial subsidies and technical assistance to companies that procure

large quantities of high quality and energy efficient PUAs in target markets. All PUAs must undergo third party testing to ensure and verify energy performance, quality, and safety in

order to receive subsidies

Type of financing

• Grant

Technology scope

• SHS
• Minigrid

Target beneficiaries

SME

Geographical scope

Nigeria, Uganda, Sierra Leone, Kenya, DRC, Ethopia

Application

Rolling basis

URL

https://www.clasp.ngo/appliance-financing/

Further information

Subsidies will be allocated through a reverse auction in which Participants complete and

submit a subsidy request form (“Request”) that lays out the amount of subsidy funds requested, volume of products to be procured, national markets in which these products will be sold, and other data regarding the intended market segmentation and impacts of the PUA sales.

For more information on terms & conditions see: https://www.clasp.ngo/wp-content/uploads/2022/10/The-Facility_Terms-and-Conditions_October-2022.pdf