Empower New Energy guarantee premium support to solar plants in Africa Norad has granted guarantee premium support to Empower New Energy on behalf of the energy investment fund Empower Invest and the single purpose vehicles for financing four small rooftop and ground mounted solar plants with commercial off-takers in Ghana, Kenya, Nigeria and Egypt. The support covers up to 50% of the guarantee premium for long term equity insurance from African Guarantee Fund (AGF) and Export Credit Guarantee Company in Egypt, in order to reduce capital cost, reduce the risk for the investors and release private sector investments in new generation capacity.