The Nordic Development Fund (NDF) and EEP Africa officially opened the EEP Africa Innovation window for new proposals at the African Utility Week conference.
The Energy and Environment Partnership covering Southern and East Africa (EEP Africa) is a multi-donor fund hosted by NDF and providing early stage grant and catalytic financing to innovative clean energy projects, technologies and business models.
Launching the proposal window, Wim Jonker Klunne, Lead Coordinator for EEP Africa said: “It is very clear that we have been able to advance projects on the ground with real impact, and we see a very clear signal that EEP Africa financing remains critical to the development of the clean energy sector in the region.”
18 months in the making
EEP Africa was first launched in 2010 under the leadership of Finland with co-financing from Austria and the UK. It has been at the forefront of efforts to fast track clean energy access and sustainable and inclusive green growth across the Southern and East Africa region, channelling more than €57 million to 200+ pioneering projects leveraging clean energy technologies and business models to transform lives and livelihoods for the very poor.
“We have been working toward this day for more than 18 months. Thanks to so many people and partners for bringing us here,” said Charles Wetherill, NDF Manager for the EEP Africa Fund. “The next step is up to you in the audience, the project developers. Bring your best ideas, and let’s get to work on the next generation of innovative clean energy businesses, projects and technologies supporting sustainable and inclusive green growth in Southern and East Africa.”
EEP Africa pioneers
EEP Africa projects have improved energy access for close to a million households, contributed to more than 8,000 new jobs, of which more than 3,000 accrued to women, resulted in more than 1.3 million tonnes of direct CO2 equivalent greenhouse gas (GHG) emissions reductions and leveraged more than €150 million in additional investment.
The proposal window launch also saw the release of a new EEP Africa video and featured a panel of past recipients of EEP Africa financing including:
Marius Hugo, Managing Director at Mean Sea Level, a wave energy developer in South Africa;
Dan Klinck, CEO at East Africa Power, a hydro power developer in Rwanda;
Prosper Magali, Director for Business Development at Ensol Energy, a minigrid developer in Tanzania; and
Rehema Nakyazze, CEO at UgaStove, a clean cook stove manufacturer in Uganda.
The event came one day after the latest EEP Africa Investor Forum, which put investor representatives together with EEP Africa project developers for an afternoon of pitches, matchmaking and deal flow identification. Read more: Showcasing top energy solutions at African Utility Week 2018