Three Europe-based companies have joined renewable energy industry organisation Renewable Energy Solutions for Africa Foundation (RES4Africa).

The companies are renewable energy company EDP Renewables; energy management and automation company Schneider Electric; and wind energy company Vestas.

"The fact that three of the world-leading companies in the renewable energy sector decided to expand their support to all the activities of the foundation not only means that we are doing a great job, but it also confirms our vision: the European private sector is increasingly willing and ready to support Africa on its path towards a just and sustainable energy transition,” says RES4Africa Foundation president and Enel Green Power CEO and head of the global power generation division Salvatore Bernabei.

The three companies were already part of RES4Africa network as partners of renewAfrica, an initiative aimed at creating a package of European-led risk mitigation tools to encourage the international investments involvement, necessary for the development of the African energy market.

"In light of the fruitful collaboration that led to the presentation of the renewAfrica initiative to European Commission VP Frans Timmermans, EDP Renewables, Schneider Electric and Vestas decided to expand their support to all the activities and programmes implemented by RES4Africa throughout the African continent, from the Mediterranean area to the sub-Saharan region," RES4Africa points out.

The expertise of the three new members and the shared vision of the role that renewable energy sources play in achieving the full and inclusive development of African economies add great value to the work of RES4Africa Foundation. These new memberships reconfirm the will of the international private sector to support the African energy transition process and its fundamental contribution in terms of global development and multilateral and multisectoral cooperation.