Camco-managed Renewable Energy Performance Platform (REPP) has passed the major milestone through its portfolio of off-grid and isolated grid projects.
REPP and co-funder EDFI ElectriFI have each invested LSL 75m in renewable energy startup OnePower to bring energy access to 20,000 people in rural Lesotho.
REPP’s recent innovation-themed request for proposals (RFP) generated 37 applications for clean energy projects in 14 countries across Sub-Saharan Africa. Of the 37 applications, 21 (approx. 57%) were for solar PV mini-grids or solar home system projects (12 and 9, respectively). Grid-connected solar PV projects accounted for five applications (14%), four for biogas (11%),…
The transformational climate and sustainable development impacts that REPP-supported projects are having on the ground in Sub-Saharan Africa are detailed in its latest annual report, released today.
UK government-funded REPP named the winner of the Transformational Finance Solutions – Impact Investing award at this year’s Financial Times and IFC Transformational Business Awards.
Multinational effort brings first solar field to Burundi. The REPP-supported 7.5 MW utility-scale power plant increases East African country’s generation capacity by more than 10% on the eve of COP26.
A ground-breaking solar mini-grid project is delivering far-reaching health and socio-economic benefits in rural Sierra Leone following a USD 1.25m loan from REPP.
The Renewable Energy Performance Platform (REPP) today issued its latest request for proposals targeting innovative companies and entrepreneurs working in Sub-Sahara Africa’s renewable energy space.
More than 55,000 people will be connected to electricity for the first time through a REPP-supported project to develop the countries’ first ever large-scale mini-grid programmes.
A tailored workshop being held from 11 to 14 October to help ramp up the development of Sub-Saharan Africa’s mini-grid and isolated grid sectors.
A ground-breaking operation to hybridise three heavy fuel oil (HFO) plants in Madagascar with solar PV is underway thanks to a USD 6 million bridge loan from REPP.
Plans to build a 10.2MW run-of-river hydro plant in one of the world’s least electrified countries have taken a significant step forward thanks to a USD 1 million development loan from REPP.
The Renewable Energy Performance Platform (REPP) has published a new report analysing how its investments are aligned with the climate, energy and development priorities of the countries where it operates.
REPP is delighted to announce the appointment of Shelmith Theuri and Vijandren Naidoo to its Investment Committee (IC), where they will assume an integral role in implementing the programme’s mandate.
REPP has invested £1 million into renewables-powered battery rental company Mobile Power, which provides affordable energy access to off-grid communities in West Africa.
Andrew Stalbaum from the UK Department for Business, Energy and Industrial Strategy (BEIS) becomes newest member of the REPP Board.
The Renewable Energy Performance Platform (REPP) today released its first quarterly impact report providing a quantitative and qualitative overview of how REPP-supported projects are performing over time.
The Renewable Energy Performance Platform (REPP) has issued a $600,000 loan to help solar home systems company, PEG Africa, cope with the effects of the global pandemic.
REPP tops up original investment in solar home systems developer upOwa by €500,000, bringing the total now invested in the company to €1.8m.
REPP has launched a new toolkit to help renewable energy developers establish and implement a viable environmental and social management system (ESMS).
REPP extends deadline for on-grid request for proposals after developers ask for more time.
The Renewable Energy Performance Platform (REPP) is staging a series of virtual networking sessions connecting leading investors with on-grid developers operating in countries in Africa at capacity-building event.
REPP issues request for proposals targeting utility-scale renewable energy projects.
REPP is delighted to announce the appointment of Ashufta Alam from the UK Department for Business, Energy and Industrial Strategy (BEIS) as the newest member of its Board. Ashufta is a senior civil servant at BEIS, where she oversees a £2.5 billion portfolio of international climate investments. She is also the Director (Chair) of UK…
The IC is an integral part of REPP, with responsibility for implementing the programme’s mandate by selecting and monitoring transactions based on a wide range of criteria.
Developer Marco Borero’s grid-connected solar PV plant is vying to become the first privately owned project of its kind to reach commercial operation in Kenya.
REPP Academy 2020 is taking place over two weeks in October and is designed to help the REPP investees fulfil their business plans and deliver power across countries in Africa.
Tanzania’s energy sector breaks new ground as the country’s first ever wind farm starts generating electricity as part of its start up testing procedures.
The free-to-use resource offers a practical guide to help renewable energy developers integrate a gender equality perspective into their projects.
REPP increases investment in ambitious scheme to build over 120 solar mini-grids in rural Rwanda.
A US$3.2m loan from REPP is to finance up to three new exploratory wells in an ambitious project to build the country’s first commercial geothermal power plant.
The live capacity-building event, “Why fit-for-purpose shareholders agreements are critical to your project’s bankability”, aimed to shed light on the complexities of shareholders agreements and was targeted at renewable energy project developers.
Country’s first ever wind farm to reach financial close and start construction is nearing completion following US$1.2m loan from REPP.
REPP’s RFP was specifically seeking applications for funding for projects that are either majority-owned or led by women, or whose focus is to promote the economic empowerment of women. The call was met with an overwhelming response from project developers from across West, East and Southern Africa.
Gigawatt Global’s 7.5MW solar plant in Burundi to become first grid-connected project supported by REPP to begin full construction.
Ghana: Greenheart AAAi prévoit d’achever les études pour la pose de panneaux solaires sur 900 bâtiments de l’Eglise catholique à la mi-2021
Cameroun: apport en capital de 2,5 millions d’euros à upOwa, distributeur de systèmes solaires domestiques
Surveys to assess the suitability of over 900 church-owned properties in Ghana for rooftop solar panels will commence after REPP agreed to provide a US$290,000 development loan.
Renewable Energy Performance Platform leads €2.5m Series A2 funding round for Cameroon’s leading energy access provider
Investment to support solar home systems company upOwa’s growth and expansion, providing more solar-based power solutions for Cameroonians with no alternative access to electricity.
Call for funding applications to support women-owned and/or managed renewable energy projects in Africa is aiming to help create equal opportunities for women in the continent’s rapidly expanding renewable energy sector.
REPP commits US$2m in equity financing to support African micro-utility’s plans to connect one million more people to reliable electricity by 2024.
REPP-hosted event will bring together key industry stakeholders to provide applied learning and support to help prepare developers for their next stages of growth.
Read event organiser Laura Lahti’s summary of REPP’s recent webinar looking at how to ensure women have a full and active role in renewable energy project stakeholder consultations.
EIB blog article charts the foundation of REPP, with a focus on the programme’s progress in the off-grid solar sector to date.
More than 34,000 people are set to gain first-time access to clean, grid-quality energy after a landmark deal was agreed to provide long-term finance for solar PV mini-grids in Tanzania.
Leading investors “strongly encourage” donors to provide more effective support for mini-grids in Africa
Diverse group of investors with over $2.0 billion under management say well-designed Results-Based Financing (RBF) for mini-grids will accelerate access to electricity for 600 million people in Africa, and unlock significant private capital.
Pilot project to build mini-grids in Rwanda under way after receiving financial backing from UK-government funded REPP
Initial phase of work expected to pave way for up to 220 mini-grids in the East African country, reaching up to 150,000 people currently living without any access to clean energy.
UK-government funded REPP and EC-sponsored ElectriFI have provided US$2.2m and US$3m initial loans respectively to catalyse rollout of clean energy access to some of the country’s remotest communities.
Innovative service providing rural communities with credit to purchase solar systems is looking to double its reach after securing additional US$25m funding.
See the full transcript of the REPP team leader’s guest appearance on the popular broadcast series this week.
Responsibilities include implementation, operation and monitoring of environmental and social management system during construction and operation of the 6MW run-of-river power plant.
Small-scale renewable energy developers Virunga Power today announced the first closing of its Series A corporate financing round with a total of US$ 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…
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…
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…
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.
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…
Daniel Farchy from the European Investment Bank becomes the fourth person to join the Board.
REPP signs support agreement with project developer Gigawatt Global for 7.5MW solar PV power plant in Burundi.
Programme signs support agreement for two run-of-the-river hydropower plants in Kenya with developer Virunga Power.
Programme seeks world-class firms with proven experience in African renewables sector to provide technical expertise to REPP supported projects.
REPP to join forces with the U.S. government’s development finance institution, OPIC, to jointly identify renewable energy projects.
Four world-class firms with expertise in African renewables will further REPP’s goals and help create a sustainable financing ecosystem.
Announcing the launch of the UK-government funded Renewable Energy Performance Platform to develop small-scale and distributed renewable energy in sub-Saharan Africa.