TRINE, 2018-2022, Crowdfunding Renewable Energy - OLD - TRINE, 2018-2022, Crowdfunding Renewable Energy subsidy TRINE, 2018-2022, Crowdfunding Renewable Energy Sida partial risk guarantee for crowdfunding of solar home systems in sub-Saharan Africa. The target group is poor people in areas not reached by the national electricity grid. Garanti till crowdfundingplattform för solel i Afrika söder om Sahara. Målgruppen är fattiga människor som inte har tillgång till el från nätet. Sida's guarantee to Trine is expected to lead to:

1. Increased amount of debt through crowdfunding platforms to finance working capital for renewable energy service companies. Access to finance will enable companies to expand their services to unelectrified poor populations in sub Saharan Africa.

2. Increased production and improved access to renewable energy 

3. Increased crowd investor confidence and engagement in this type of lending which will result in larger investments. Moreover, Sida expects other types of investors such as impact investors and family offices as the sector start showing a track record and proves a financially sustainable business model. 

In terms of outputs the guarantee contribution is expected to result in:

- A total of 100,000 new renewable electricity connections reaching an estimated 560,000 people.
- Mobilizing 100 MSEK in private capital in loans to renewable energy service companies.
- Increased installed generation capacity from renewable energy sources by 1 MW.
- Annually avoiding carbon dioxide equivalents emissions of 200,000 tons.