Energy Efficiency and Renewable Energy Financing

Seychelles Investment Board
2nd Floor, Caravelle House
Victoria, Mahe Seychelles

T: +248 429 5500

GOS-UNDP-GEF Grid-Connected Rooftop PV Systems
Programme Coordination Unit
1st Floor, Les Palmes Building, Victoria

T: +248 432 5599 / 422 5914

MCB Green Loan

MCB has teamed up with the Agence Française de Développement 
(AFD) for the second Green Loan offer.

Elegible projects:
Renewable energy (Solar, wind, hydro, biomass)
Efficient energy use – Replacement of existing equipment
Energy efficiency – Best-in-class technology for new project
Pollution abatement /Protection of natural resources

Up to 100% financing of your project
8% cash back on the loan amount

The possibility of making Seychelles a more eco-friendly place.

Contact MCB on (+248) 428 4555 or visit their website

For more information please see the

Roof Top PV Project Official Website

Development Bank Seychelles
PO Box 217
Independence Avenue,
Victoria, Mahe, Seychelles

T: 248 429 4400

Small to Medium Enterprise (SME) Loan

The SME Loan is an incentive for the commercial sector. An agreement between the Government of Seychelles and the Commercial Banks to encourage commercial clients to adopt energy efficient and renewable energy products.

Loan Terms
Amount: up to SCR 3 million
Grace Period: 6 months for repayments
Bank Charges: capped at 0.25% of loan up to SCR 3 million
Personal Contribution: not more than 2.5% of loan
Guarantee : not more than value of loan

For more information, please contact:

Development Bank of Seychelles

Seychelles Investment Board

Mauritian Commercial Bank

Caravelle House
Victoria, Mahe Seychelles

T: +248 428 4555

PV Rebate Scheme

(GOS-UNDP-GEF Financial Rebate Scheme for Grid-Connect Rooftop PV Systems)

This scheme is in place to encourage residential & commercial users to install PV Grid Connects systems. The scheme is available temporally and subject to strict conditions.

The rates used for the rebate scheme are as follows:

Indexed Installed Cost = USD 2.8/Wp*
Rebate % = 25%
System Size Cap = 3 kWp
Maximum Rebate Amount = SCR 25,200
These rates are applicable for all systems commissioned after 27th April 2015.

Indexed Installed Cost = USD 3.20/Wp*
Rebate % = 15%
System Size Cap = 15 kWp
Maximum Rebate Amount = SCR 86,600

* $1 = SCR 12

For further information, please contact:
GOS-UNDP-GEF Programme Coordination Unit or Seychelles Energy Commission Tel: 4610819

ESS Facebook Page

Seychelles Energy Commission
3rd Floor, Room 307/308
Block B, Unity House,
PO Box 1488
Palm Street, Victoria, Mahe, Seychelles

T: +248 461 0824


SEEREP Loan (Seychelles Energy Efficiency & Renewable Energy Program)

The objective of the loan is to encourage residential users to adopt the use of energy efficient devices and renewable energy.

For example:
LED lighting
Energy efficient appliances (fridge, washing machine)
Solar water heaters
PV renewable energy

Loan Terms*
Eligibility: residential customer and energy efficient or renewable energy products only
Term: 1-5 years only
Guarantee:  50% of loan
Amount:  up to SCR 100,000
Interest rate:  5%
Bank Fees: no bank fees
Personal Contribution: not more than 2.5% of loan
Guarantee: not more than 50% of loan
Repayment:  1 to 5 years
*Additional terms apply

For more information, please contact Your local bank or 

Ministry of Finance

Energy Solutions Seychelles
PO Box 1627Providence, Mahe0000SC
Phone: +2484323117 Website: