POLIX

𝗛𝗼𝘂𝘀𝗲 𝗥𝗮𝘁𝗶𝗳𝗶𝗲𝘀 𝗨𝗦$𝟱𝟳𝗠 𝗘𝗻𝗲𝗿𝗴𝘆 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗳𝗼𝗿 𝗠𝗼𝘂𝗻𝘁 𝗖𝗼𝗳𝗳𝗲𝗲 𝗦𝗼𝗹𝗮𝗿 𝗮𝗻𝗱 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻

The Plenary of the House of Representatives has on Tuesday unanimously ratified a US$57 million financing agreement aimed at strengthening Liberia’s renewable energy portfolio through the expansion of solar generation and battery energy storage infrastructure at the Mount Coffee Hydropower Plant.

The ratification followed rigorous legislative scrutiny and debate in Plenary, where lawmakers underscored the strategic importance of the agreement to the country’s energy security, grid stability, and long-term power sector sustainability.

House’s plenary unanimously ratified the financing Agreement ofollowing a report from the committee on ways means and Finance & development planning intended to scale up installed solar photovoltaic (PV) capacity from 20 MW to 30 MW, complementing ongoing generation activities at the Mount Coffee facility.

The intervention forms part of broader efforts to diversify the national generation mix and reduce reliance on thermal generation.

In addition, the project includes the deployment of a 12 MW / 12 MWh Battery Energy Storage System (BESS), designed to enhance grid ancillary services, improve frequency regulation, support peak load management, and strengthen dispatch reliability within Liberia’s interconnected power system.

Lawmakers, acting in their oversight and ratification authority, emphasized that the investment aligns with national energy policy objectives and the Integrated Resource Planning (IRP) framework, which prioritizes renewable integration, system resilience, and cost-effective generation expansion.

The agreement also provides for future expansion of hydropower capacity at Mount Coffee by an additional 42 MW, a move expected to reinforce baseload generation and improve system adequacy margins.

During plenary deliberations, legislators described the project as a key milestone in Liberia’s energy transition agenda, noting that improved energy access and reliability are critical to industrial growth, economic transformation, and public service delivery.

The House further noted that the financing arrangement, supported by development partners including the World Bank Group, reflects growing confidence in Liberia’s energy sector reform trajectory and governance framework.

With the ratification now complete, the agreement is expected to proceed to the Executive Branch for implementation, as stakeholders work toward accelerating infrastructure rollout and enhancing national grid performance.