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Release and World Bank's IFC Partner to Enhance Renewable Energy in Africa through New Lease Agreements.

Oct 16, 2025•8 months ago

Contract Type

partnership

LiberiaEnergyRenewable EnergyBiomass Energyinformation technology & services

Description

Release has signed new lease agreements totaling 64 MW of solar power and 10 MWh of battery storage in Liberia and Sierra Leone. This partnership with the World Bank's IFC supports utilities in Sub-Saharan Africa in adopting renewable energy solutions, significantly reducing financial risk.

Company Information

Company

Release

Location

530 Divisadero St

Liberia

About

Release is a renewable energy company focused on providing affordable clean power solutions. It is a majority-owned subsidiary of Scatec ASA. The company is dedicated to improving energy access in emerging markets. Release aims to replace fossil fuel generation with renewable sources.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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