http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.22Change: -0.23
R/$ = 11.16Change: -0.09
Au 1240.10 $/ozChange: -4.17
Pt 1243.50 $/ozChange: -18.70
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Apr 14, 2010

Renewable energy partnership launched for Southern and East Africa

Back
Johannesburg|Africa|Development Bank Of Southern Africa|Environment|PROJECT|Projects|Renewable Energy|Renewable-Energy|Resources|Africa|Botswana|Finland|Kenya|Mozambique|Namibia|South Africa|Swaziland|Tanzania|Zambia|EUR|Energy|Energy Consumption|Energy Efficient Sectors|Renewable Energy|Renewable Energy Solutions|Renewable Energy Sources|Solutions|Sustainable Energy Sources|Daniel Modise|Mary Kamari|East Africa
|Africa|Environment|PROJECT|Projects|Renewable Energy|Renewable-Energy|Resources|Africa|Kenya|Tanzania|Zambia||Energy|Solutions|||
johannesburg|africa-company|development-bank-of-southern-africa|environment|project|projects|renewable-energy|renewable-energy-company|resources|africa|botswana|finland|kenya|mozambique|namibia|south-africa|swaziland|tanzania|zambia|eur|energy|energy-consumption|energy-efficient-sectors|renewable-energy-industry-term|renewable-energy-solutions-industry-term|renewable-energy-sources|solutions|sustainable-energy-sources|daniel-modise|mary-kamari|east-africa
© Reuse this



The Ministry of Foreign Affairs of Finland, in cooperation with eight partner countries and the Development Bank of Southern Africa (DBSA), on Wednesday launched its Energy and Environment Partnership programme with Southern and East Africa (EEP-SE&A).

Speaking at the launch in Johannesburg, the ambassador of Finland Tiina Myllyntausta said that energy consumption was on the increase worldwide, especially in developing and emerging countries.

"With climate change being a growing concern, the world has to learn to reduce its reliance on traditional sources of energy and develop the potential and access to sustainable energy sources derived from renewable energy sources, of which Africa has an abundance off."

The EEP-SE&A programme was launched to provide partial financing for feasibility studies, as well as pilot and demonstration projects in the renewable energy and energy-efficient sectors.

The programme seeks to support activities that would result in policy and market awareness creation, establishing project feasibilities, implementation of commercial projects and the provision of reliable and affordable renewable energy solutions for rural areas.

To achieve this, the Finnish government would contribute €8,5-million to approved projects over the next three years to the eight partnering countries that included: South Africa, Botswana, Kenya, Mozambique, Namibia, Swaziland, Tanzania and Zambia.

The Austrian Development Agency was also planning to contribute €1-million to the initiative.

The maximum amount available for a single project from the programme fund was €200 000, however, there was no limit to the amount of projects that would be approved within the budget, which was made available to private and public companies, research institutes and civil society organisations.

DBSA representative Mary Kamari noted that not only would the DBSA manage and host the EEP-SE&A programme, but it would also, together with Finland and other international agencies, examine the nature of additional support that might be needed to effectively implement renewable energy and energy-efficiency projects.

Meanwhile, South Africa's Department of Energy deputy director-general Daniel Modise pointed out that the African continent was the most vulnerable to climate change impacts, but the least prepared to deal with it.

He said that one of the biggest challenges that the continent was experiencing, was to scale up energy access and to mobilise the necessary finance for it.

"The investment needs are so huge and public resources are so limited, that there is no alternative to sourcing much of the funding gap from capital markets. Increased volumes of financing from multilateral and bilateral donors are necessary to complement and leverage finance from private markets, public resources and customer and community contributions."

Modise said that the department believed that the EEP-SE&A programme would provide much- needed assistance to South Africa and to the other African partner countries in furthering the continent's ambitions to facilitate the development of renewable energy, energy efficiency and climate change mitigation.

 

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Electricity News
Updated 7 hours ago South Africa’s financial institutions have been instrumental in funding the bulk of the projects under the Department of Energy’s multibillion-rand Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), delegates heard at the Solar Indaba, in...
Cash-hungry solar photovoltaic (PV) projects in sub-Saharan Africa are largely assessed by lenders on a case-by-case technical basis and, while some standard technical and nontechnical aspects would be required to reach financial close, these are not entirely...
In the first quarter of 2015, seven Vestas V112 wind turbines will be erected in the Great Kei local municipality at integrated renewable energy company InnoWind’s 21 MW Chaba wind farm in the Eastern Cape.
More
 
 
Latest News
Updated 2 hours 15 minutes ago Swedish Ambassador to South Africa Christian Meuwly will next week inaugurate the final roll-out of the new vertical shaft brick kiln (VSBK) at clay brick manufacturer Langkloof Bricks’ facility in Jeffrey’s Bay. The VSBK formed a part of economic, social and...
Updated 2 hours 34 minutes ago Hot on the heels of the launch of Rustenburg’s rapid transport system’s brand name and logo last week, a negotiation framework agreement (NFA) has been formally agreed to and signed by the Rustenburg Local Municipality (RLM) and taxi and bus operators affected by the...
Updated 2 hours 35 minutes ago The runway at the George Airport, in the Western Cape, has been rehabilitated to improve safety, in terms of run-off and storm water drainage, and the structural capacity of the pavement surface. The scope of work comprised the extension of Runway 11/29, the...
More
 
 
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
 
 
 
 
 
This Week's Magazine
Integrated energy and chemical company Sasol has partnered with Unisa Graduate School of Business Leadership (SBL) professor and founder and CEO of PanAvest Partnership Dr Douglas Boateng to publish a series of books on executive supply chain management aimed at...
MORNÉ DU PLESSIS Increased urgency and burgeoning awareness of the importance of these issues are beginning to change political risks and, thus, State responses to environmental concerns
The World Wide Fund for Nature’s (WWF’s) 2014 Living Planet Index (LPI) indicates that there has been a 52% decline in vertebrate species since 1970. The Index tracked the trends of 10 000 discrete populations of over 3000 vertebrate species between 1970 and 2010.
Rwanda has joined a number of East African countries seeking to import electricity from Ethiopia as its demand grows. After it became apparent several generation project it is implementing will not come on stream early enough, now plans to import 400 MW from Ethiopia...
Metrorail’s first new passenger train will arrive in November next year, says Passenger Rail Agency of South Africa (PRASA) CEO Lucky Montana. “Next year we will be able to put our hands around the infrastructure and equipment we have been talking about for so long.”
The Competition Commission has launched an investigation into what it says are “price fixing, market division and collusive tendering in the market for the manufacture and supply of automotive components to original equipment manufacturers” (OEMs, or vehicle...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks