Peace Renewable Energy Certificate (P-REC) Aggregation Facility
Sector: Power Generation (CCGT) • Location: Multiple African countries
Source: Realnews Magazine
The African Development Bank Group's Sustainable Energy Fund for Africa (SEFA) approved a $5.65 million reimbursable grant to pilot the Peace Renewable Energy Certificate (P-REC) Aggregation Facility. This initiative will deploy renewable energy certificates as a direct funding instrument for a portfolio of mini-grids across Africa's most fragile and energy-poor countries. The facility will provid
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | awarded |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The African Development Bank Group's Sustainable Energy Fund for Africa (SEFA) approved a $5.65 million reimbursable grant to pilot the Peace Renewable Energy Certificate (P-REC) Aggregation Facility. This initiative will deploy renewable energy certificates as a direct funding instrument for a portfolio of mini-grids across Africa's most fragile and energy-poor countries. The facility will provide upfront cash payments to mini-grid developers in exchange for the rights to the certificates produced, which will then be sold to global corporate buyers. The project aims to provide reliable electricity access to approximately 856,000 people across 14 frontier countries, adding 71 megawatts of new renewable energy capacity and about 240,000 new connections. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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