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Finnfund’s USD 10 million investment makes telecommunications in Lebanon and Guinea more reliable and energy-efficient

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IPT PowerTech Group is an energy solutions provider combining specialized energy-efficient solutions with innovative telecom infrastructure. With financing from Finnfund, DEG, Proparco and European Investment Bank, IPT will modernize the energy supply infrastructure in Lebanon and Guinea. The hybrid solution utilizing solar panels and storage media will save up to 40% of energy and reduce diesel consumption significantly. The annual CO2 emission reductions have been calculated AT 115,000 tons per year.

In emerging economies, the lack of reliable power to cellular tower sites is the

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Source: Finnfund’s USD 10 million investment makes telecommunications in Lebanon and Guinea more reliable and energy-efficient

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