The UK provides extra funding for renewable energy projects in Africa

UK Renewable Energy

The UK Government recently made it to the international headlines when it proposed to support the renewable energy projects in Africa by providing extra funds of around £100 million for the good cause.

The UK initially provided around £48 million to the Renewal Energy Performance Platform (REPP), which was started in 2015. One of the main objectives of the REPP is to act as a catalyst for the growth of the Renewable energy sector in Africa, thus ensuring a speedy development to overcome financial barriers that the country faces.

In a recent statement by Energy and Clean Growth minister, Claire Perry, she talks about how building clean reliable sources of energy would boost countless quality job opportunities in the Sub Saharan Africa.

The United Kingdom has also proposed to invest around £ 5.8 billion for the International climate Finance by 2020. This is a first of a series of funding by the UK government that was announced on Tuesday to help boost the Sub Saharan Africa in terms of renewable energy schemes for the next five years.

This £100 million will help communities harness the power of their natural resources to provide hundreds of thousands of people with electricity for the first time. – The minister for Energy and Clean Growth

The current initiative by the UK Government supports and backs many schemes regarding Renewable resources-from solar, biomass and wind energy to hydro and geothermal energy; a total of around 18 such projects to build a better future in countries like Tanzania, Burundi, Nigeria, Kenya and the rest of Sub Saharan Africa.

Via: CNBC

The UK provides extra funding for renewable energy projects in Africa