AfDB approves 19.6 mln euros in funding for wind energy in Cape Verde


By Si Yuan
  • World
  • Tuesday, 17 Jun 2025

PRAIA, June 16 (Xinhua) -- The African Development Bank (AfDB) announced on Monday that it has approved 19.6 million euros in financing to support Phase II of the Cabeolica expansion project in Cape Verde.

"This project is the country's first renewable energy initiative to combine large-scale wind power generation with battery energy storage systems," the AfDB said in a statement.

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