According to IRENA, the funding demonstrates ADFD’s recognition of the importance of renewable energy in emerging countries, and the “sector’s crucial role in aiding20kw solar system price
economic and social development”. The projects funded should be in regions where populations have little to no access to electricity, offering them the chance to develop their own, clean, sustainable and affordable energy resources.
The criteria for selection stipulate that projects should be scalable, replicable and innovative where possible, boost energy security and energy access. According to IRENA, they are “carefully evaluated on technical merit, economic viability and socio-economic and envir20kw solar system price
“This new funding cycle provides another opportunity for developing countries to access low cost capital for renewable energy projects to drive an energy transition and achieve sustainable development. The continued partnership between ADFD and IRENA brings funding to the places where it can have the most impact and where financing is one of the greatest challenges,” IRENA 20kw solar system price
irector-general Adnin Z Amin said.
The US$98 million loaned by ADFD so far has contributed to the deployment of 56MW of renewable generation capacity, including off-grid and grid-connected projects across a range of technologies in regions as diverse as Argentina, Iran, the Madlives and Mali.
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In related news, IRENA today announced that it will participate in “Re-energising the future”, a dedicated “renewable energy track” at the COP21 talks in Paris this year. T20kw solar system price
he track will demonstrate that clean energy and energy efficiency are the most “realistic means to meet our climate goals”. The agency, which has 143 member countries, will host information about the “Re-energising…” track on its official website.
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