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UK invests £100 million for renewable energy projects in Africa

Staff Writer |
Hundreds of thousands of people in sub-Saharan Africa will get access to electricity for the first time thanks to an extra £100 million of funding from the UK government announced at COP24 in Poland.

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The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next five years.

The new funding could unlock an extra £156 million of private finance into renewable energy markets in Africa by 2023.

Developers of small-scale solar, wind, hydro and geothermal projects will be supported to harness each country’s natural resources, and the electricity generated is expected to provide 2.4 million people a year with new or improved access to clean energy.

Power produced from new projects funded is expected to save around three million tonnes of carbon over their lifetime, compared with fossil fuel generation – the equivalent to the emissions from burning 21,000 railway cars of coal or from 800,000 cars in a year.

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