[$41 Million in Loans Announced for Renewable Energy Projects in Developing Countries]
Loans of $41 million were announced for renewable energy projects in six developing countries by the International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD)
It’s the first wave of concessional loans handed out by the IRENA/ADFD partnership and the six recipients were chosen by an advisory panel head by IRENA member and Polish under-secretary of state for the economy, Ilona Antoniszyn-Klik.
The winning projects are in Ecuador, Mali, the Maldives, Mauritania, Samoa and Sierra Leone and involve hydro, wind, solar and biomass technology.
At a press conference in Abu Dhabi today, IRENA director-general Adnan Amin said the projects were all “shovel-ready to go” and would “bring power to isolated off-grid populations, in some cases for the first time.”
source by Renewable Energy World, Kelvin Ross, Deputy Editor, Power Engineering International
Loans of $41 million were announced for renewable energy projects in six developing countries by the International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD)
It’s the first wave of concessional loans handed out by the IRENA/ADFD partnership and the six recipients were chosen by an advisory panel head by IRENA member and Polish under-secretary of state for the economy, Ilona Antoniszyn-Klik.
The winning projects are in Ecuador, Mali, the Maldives, Mauritania, Samoa and Sierra Leone and involve hydro, wind, solar and biomass technology.
At a press conference in Abu Dhabi today, IRENA director-general Adnan Amin said the projects were all “shovel-ready to go” and would “bring power to isolated off-grid populations, in some cases for the first time.”
source by Renewable Energy World, Kelvin Ross, Deputy Editor, Power Engineering International