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ADFD giving $44.5 million for energy in four developing countries

Staff Writer |
Four renewable energy projects in developing countries in the Pacific and Africa have been identified by Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) to receive $44.5 million in funding.

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ADFD’s funding will support a diverse set of projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits.

The announcement of this fourth round of funding by the IRENA/ADFDProject Facility was made today at the Seventh Session of the IRENA Assembly.

The projects selected in this funding round are:

Marshall Islands: A 4.6-megawatt (MW) hybrid micro-grid project, using solar PV and advanced lithium-ion batteries, that will provide renewable energy access to over 16,000 people.

It will essentially eliminate fossil fuel based generation on three outer islands and reduce it by more than a third on a fourth island.

Niger: A project focused on rural electrification for over 150,000 people, using 2.1 MW solar PV micro-grids and solar home kits. 100 schools will be electrified, drinking water supplies will be improved, and several thousand jobs will be created.

Seychelles: A government supported solar PV utility scale project will integrate a 5-MW solar PV plant into an existing wind farm, demonstrating an innovative space-saving solution for this small island nation.

The project will reduce the country’s dependence on fossil fuels, create almost 300, and supply renewable power to over 1,800 households — benefiting the entire population of 90,000 people.

Solomon Islands: A government-backed 20 MW reservoir dam and hydropower facility will diversify the country’s energy mix, provide renewable energy access to 5,000 people, create around 400 jobs, and avoid 44,000 tonnes of CO2 emissions per year.

Applications were evaluated by an international panel of experts who reviewed the projects based on their technical feasibility, economic/commercial viability and socio-economic and environmental benefits.

Since 2013, through the IRENA/ADFDProject Facility, $189 million has been allocated to 19 projects, and has attracted over $387 million in co-financing for a total of $576 million in new investment inflow.

Selected projects thus far have included off-grid, mini-grid and on-grid projects using wind, solar, hydro, geothermal and biomass sources.

Selected projects over the first four cycles will bring more than 100 MW of renewable energy capacity online, and improve the livelihoods of over a million people.

Applications for the next rounding of IRENA/ADFDProject Facility funding will be accepted until 15 February 2017.


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