Modernisation and Digitisation of Major Switchgear Control System in the Congo
Financed by the German Federal Ministry for Economic Cooperation and Development (BMZ) through Germany’s state-owned development bank, KfW.
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DRC substation modernized
KfW invested €20 million ($22.1 million) to finance the modernization of the substation at the Inga I and Inga II hydropower plants in the DRC.
German grid needs $324.5 B by 2050
A forecast study on behalf of German bank KfW determined that investments of roughly €300 billion ($324.5 billion) will be needed for the country’s grid infrastructure by 2050.
