Mittwoch, 24. Oktober 2012

IRENA supports renewable energy financing in Africa

(LEXEGESE) - The International Renewable Energy Agency (IRENA) will start receiving applications in November 2012 for renewable energy financing through a new US$350 million facility for the Abu Dhabi Development Fund (ADFD). Each project proposal must be government-backed. The funding consists of US$50 million per year for seven years. The ADFD-IRENA facility was created as part of the UAE’s bid in 2009 to host the new inter-governmental agency, which promotes the sustainable use of all forms of renewable energy worldwide. 


The International Renewable Energy Agency (IRENA), founded in 2009, held its first Assembly in Abu Dhabi in April 2011, where the Agency is headquartered. With the current participation of 101 Members (100 Member States and the European Union), plus 58 more signatories or applicants for membership, IRENA has become a nexus of international efforts to accelerate the worldwide deployment of renewable energy technologies.

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