The Renewable Energy and Energy Efficiency Partnership (REEEP), has announced that it will fund 28 new projects that aim to scale up renewable energy and energy efficient solutions in key emerging markets and in selected developing countries in Africa and Asia. These new projects aim to increase energy access and entrepreneurship in renewables and energy efficiency in 19 countries, including 12 African countries.
REEEP is a market catalyst for clean energy in developing countries and emerging markets, having supported over 180 clean energy projects in 58 countries. The 28 selected projects were chosen from among 98 proposals themed around: scaling up successful business models, supporting off-grid generation, harnessing the benefits of clean energy in both food production and in reliable water supply, and opening up energy data in emerging markets.
Nine of the projects will take place in Africa and cover activities in the follow countries: South Africa, Ghana, Kenya, Tanzania, Burkina Faso, Guinea Bissau, Cote D’Ivoire, Benin, Mali, Niger, Senegal and Togo. These projects include sustainable electricity provision at the municipal level; powering water supply in South Africa through small-scale hydro; enterprise development through a biomass briquetting business; and furthering clean energy access through pay-as-you-go technology.
“The nexus between clean energy, food production and water provision is one of the exciting new areas we are looking at,” says Eva Oberender, REEEP’s Programme Director. “This includes developing solar-powered cold-storage for fishing communities in Indonesia, solar-powered pumps for irrigation in Kenya and Burkina Faso, and improvements in energy efficiency in Chinese agriculture.”
Many of the 28 selected projects replicate or scale up successful initiatives previously funded by REEEP. The PFAN (Private Financing Advisory Network) is a coaching and investor matchmaking service for SMEs that REEEP has funded in southern Africa.
The government of Norway, which has been strong supporter of REEEP since 2006, is supporting or co-funding 15 projects. “REEEP has built an impressive base of experience that is typified in the expansion of successful business models for renewable energy and energy efficiency in developing countries”, says Kåre Stormark, Acting Director General in the Ministry of Foreign Affairs. “Our funds are well-invested here because they aim to reach far beyond the original project outcome.”