Xemplar Carbon & Capital LLC (USA) and The Government of Sierra Leone’s Ministry of Energy have signed a Memorandum of Understanding (MOU) whereby the parties will work together to develop, finance and deploy 200MW of Renewable Energy infrastructure solutions across the Republic of Sierra Leone. The MOU includes multiple strategic initiatives with the Government of Sierra Leone (GoSL) aiming to leverage Carbon Markets and Internationally Transferable Mitigation Outcomes (ITMO’s) to catalyze Foreign Direct Investment required to scale and deploy renewable power supply across the country. The agreement was signed on the heels of GoSL’s hosting of Xemplar Carbon & Capital’s CEO Tarique J. Rashaud (???? ? ????) for in-depth technology and finance presentations to the Ministry of Energy and the Electricity Distribution and Supply Authority (EDSA). The collaboration reflects the joint vision of the Government of the Republic of Sierra Leone and Xemplar Carbon to work together to strengthen and modernize power infrastructure, enable the transition to a lower carbon energy future, and promote Gender Equity & Socioeconomic Impact (GESI).? #ITMOs #RenwableEnergy #PowerAfrica #CarbonMarkets #ForeignDirectInvestment #FoodWaterEnergyNexus #UNSDGs
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