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EDP Renewables, the subsidiary of the Portuguese group EDP Group, has announced financing nine renewable energy projects in four African countries. The program will benefit remote and vulnerable communities in Mozambique, Nigeria, Angola, and Malawi.
The total funding of these projects amounting to €1 million has been guaranteed by EDF Access to Energy (A2E) Fund. The fund aims to alleviate energy poverty in developing countries by supporting sustainable and clean energy projects. These nine projects have been selected in the fourth edition of the A2E Fund, out of 158 applications.
The use of decentralized solar energy and energy storage system is at the basis of these projects. The renewable energy projects will directly impact the priority areas such as agriculture, education, health, and access to drinking water, involving nearly one million direct and indirect beneficiaries.
Nigeria, with four projects, is the country with the most proposals selected in this fourth edition of the A2E Fund. The selected projects are We Care Solar’s energy project for maternity hospitals, Konexa Electricity’s electrification program for clinical posts and adjacent communities, Reeddi Technologies’ solar capsules for families and small businesses, and Optimal Greening Foundation’s drinking water project.
In Mozambique, the selected clean energy projects are the Educafrica Association’s electrification program on a fishing island, ADPP Mozambique’s refrigeration system for the fishing industry, and Fundación Energia sin Fronteras’ orphanage farm electrification program.
Fundación Cuerama’s electrification project for a rural community is the selected promoter in Angola. In Malawi, aQysta Malawi is chosen for its solar-powered agricultural processing system.
Through this new financing, EDP is reinforcing its social impact strategy, promoting energy inclusion in the disadvantaged communities of Africa. This funding is another contribution to meeting the needs of decarbonization, climate action, and access to energy for the continent which represents around 70% of the world’s population without access to electricity.
Vera Pinto Pereira, Executive Board Member of EDP, said, “Access to electricity is crucial to ensure the security and development of any community – and is an impactful issue in many remote communities or in more vulnerable situations in sub-Saharan Africa.”
A2E Fund has already provided a total of 1.5 million euros in its previous funding to support 20 projects in seven countries in Africa including Angola, Malawi, Mozambique, Nigeria, Kenya, Rwanda, and Tanzania. These projects have contributed to improving the lives of 80,000 people and indirectly impacted more than one million.