EDP, Portuguese energy group whose biggest shareholder is China Three Gorges, will finance nine projects promoting access to renewable energy in Mozambique, Nigeria, Angola and Malawi.
In a statement, EDP says that the total funding of one million euros, guaranteed by the A2E Fund (Access to Energy), will have a “direct impact on priority areas such as health, agriculture, education or access to clean water” in these countries “involving more than one million direct and indirect beneficiaries”.
Among the selected projects is a system of solar ‘suitcases’ that provide energy for maternity wards, micro electrical grids to supply clinical posts and other innovative solar energy systems that feed agricultural production or cold rooms in local markets, EDP adds.
EDP developing 4.3 GW of renewables capacity in Europe, Americas and Asia
The fund, which is now in its fourth edition, has already provided a total of 2.5 million euros to support 29 projects in seven African countries: Angola, Malawi, Mozambique, Nigeria, Kenya, Rwanda and Tanzania.
These projects “contributed to improving the lives of more than 100,000 people and, indirectly, of more than one million”, says the company.
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