The Sustainable Energy Fund for Africa (SEFA) has called for interested companies to bring proposals to support the creation of a policy and market environment for green mini grids (GMG’s). This will help address electricity issues and unlock private investment.
GMG’s will help offer low cost solutions to electricity unlike grid extensions especially for communities that are a distant away. This will be done by renewable energy either fully or partially.
In order to support this move, SEFA will be giving US $5m to six Sub Saharan African countries. The projects in these countries will address sector planning, regulatory and policy interventions, market development while at the same time addressing problems faced by governments, financiers of such projects, developers and the community.
Sub Saharan African countries face electricity costs to up to 1 and 2 percent of their annual GDP and this affects over 620 million people.
The proposals will be evaluated on aspects such as recipient’s ownership, dedication and association with the country’s sustainable energy for all (SE4All), action plan, policy, capacity and market potential.
Applicants can submit their expression of interest to:
SE4All Africa Hub- [email protected] before July 1, 2015, with detailed information on the same found on the SEFA homepage.