The AU and IRENA collaboration complements ongoing AU programmes, which include: the Africa Bioenergy Policy Framework and Guidelines; Renewable Energy in African Island States; Development of Small Hydropower in Africa; Geothermal Risk Mitigation Facility; and the Programme for Infrastructure Development in Africa (PIDA) as well as the Strategy for integrated approach for provision of basic infrastructure in rural and remote areas of Africa. This is in addition to other African initiatives such as Desert to Power, Coalition for Sustainable Energy Access, and the Africa Renewable Energy Initiative (AREI) -- an Africa owned and led drive to scale up renewable energy -- consolidating efforts from the international community to address the needs of African countries.
The AU and IRENA will also collaborate in the context of IRENA's Clean Energy Corridors initiatives in East, West and Southern Africa focused on advancing the deployment of renewables through the creation of larger and more robust power markets encouraging cross-border trade of renewable power.
These commitments build on existing cooperation between the AU and IRENA to strengthen the enabling environment for low-carbon, climate-resilient renewable energy investment as the continent seeks to raise its renewable energy ambition.
(Source: African Union Commission, IRENA, Modern Diplomacy, 20 April, 2020) Contact: African Union Commission, www.au.int/en/commission; IRENA, www.irena.org
More Low-Carbon Energy News International Renewable Energy Agency, Renewable Energy, Africa Renewable Energy,
The investment is in line with AfDB's efforts to alleviate financing constraints in the renewable energy sector and will contribute to production of 178,5 MW of renewable power for commercial and residential use.
Metier is a well-established fund manager with a track record of deploying more than US$550 million in African countries, including solar, wind and hydro power projects in Southern and East Africa. Metier has been a key player in South African solar power, a maturing technology that offers significant benefits in terms of storage and dispatchability to the grid, unlike traditional photovoltaic options.
In other African renewable energy news , the AfDB has approved a $8.91 million grant drawn from the EU Africa Investment Platform (EU-AIP) to support Ruzizi IV, 287 MW Hydropower Project, to be situated on the Ruzizi River between Rwanda and Congo.
The Ruzizi III, with a projected 147 MW output is under development with Bank support.
(Source: African Dev. Bank, Chronicle, 14 Jan., 2020)
Contact: AfDB, Amadou Hott, VP Power, Energy, Climate and Green Growth, +225 2026 3900, www.afdb.org/en
More Low-Carbon Energy News African Development Bank, Africa Renewable Energy, Renewable Energy,