How much does a solar system cost in Yemen?

Rassam paid about 50 million Yemeni rials (around $90,000 based on the unofficial market exchange rate) for his system, which is considered large by local standards. The average cost of an array is around $10,000. Rassam financed the solar panels with a loan from Al Kuraimi Islamic Bank, one of the country’s largest private lenders.

Can solar power save Yemeni rials?

Farmer Mohamed Ahmad Sid El Rassam can attest to those benefits. He built a solar-powered water pump on his land in the region of Beni Hocheich. The setup chopped his diesel use by more than 85 percent, saving him 17 million Yemeni rials ($68,000) a year.

Can solar power irrigate a famine in Yemen?

Across Yemen, a growing number of farmers are turning to solar power to irrigate their fields, a shift that comes as the country tries to stave off what the United Nations warns is an impending famine.

What is the Yemen emergency electricity access project?

In June 2022, the Bank approved an additional US$100 million for the second phase of the Yemen Emergency Electricity Access Project, which is designed to improve access to electricity in rural and peri-urban areas in Yemen and to plan for the restoration of the country’s power sector.

Why do Yemenis rely on diesel generators?

But a collapsing power grid—only 10 percent of Yemenis have access to central electricity—means that many farmers in Yemen’s arid hinterland rely on diesel generators to power wells. Along with belching out greenhouse gases, farmers say the generators are expensive to run.