REPP invests US$2.5m in Virunga Power
Small-scale renewable energy developers Virunga Power today announced the first closing of its Series A corporate financing round with a total of US$ 5m invested – half from REPP, the rest from the Electrification Financing Initiative (ElectriFI), a REPP partner. In addition to the corporate investments, REPP and ElectriFI will pursue aligned investments in project…
Millions set to benefit as UK Government announces additional £100m for REPP
London, 11 December 2018 – Sub-Saharan Africa’s small to medium-scale renewable energy sector has been given a major boost after the UK Government committed £100m extra funding for REPP. The additional investment should enable REPP to support the financing of up to 40 more projects across the region from 2019-2023 – providing improved or first-time…
Peter Coveliers reappointed to Board as an independent
We are delighted to announce the reappointment of Peter Coveliers as a member of the four-person Board of REPP from 1 December. Peter joined REPP as a Founding Director in December 2015, while he was working as Deputy Head of at Climate Change and Energy Division at the European Investment Bank, which co-founded REPP with…
Mini-grids webinar series prompts lively Q&As
An overview of our December 2018 webinar series on developing solar PV mini-grids to IFC Environmental and Social Performance Standards with African Minigrid Developers Association.
Roadshow looks to renewables-based solutions to Zimbabwe’s ongoing power crisis
REPP recently contributed to a workshop on Financing Climate & Renewable Energy Projects, organised by the Private Finance Advisory Network (PFAN). The meeting was held on 28 November in Harare, Zimbabwe, and was attended by renewable energy project developers, financiers and key government stakeholders, including the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) and the…
REPP appoints new Board member
Daniel Farchy from the European Investment Bank becomes the fourth person to join the Board.
REPP signs with Gigawatt Global Burundi S.A.
REPP signs support agreement with project developer Gigawatt Global for 7.5MW solar PV power plant in Burundi.
REPP signs first project
Programme signs support agreement for two run-of-the-river hydropower plants in Kenya with developer Virunga Power.
REPP requests expressions of interest
Programme seeks world-class firms with proven experience in African renewables sector to provide technical expertise to REPP supported projects.