LOAN CALLS FROM IRENA FOR RENEWABLE ENERGY PROJECTS IN AFRICA

Dear AfroTurk members,

Our associate IRENA institution informed us a proposal call about USD 50 million available for renewable energy projects in developing country. If you have any project

The letter’s copy is in below 

The sixth funding cycle of the IRENA/Abu Dhabi Fund for Development (ADFD) Project Facility is now open! This latest cycle offers ~USD 50 million in concessional loans from ADFD. 

Background information on the sixth cycle is available in English, Français and Español. 

The Facility is welcoming summary project proposals until 15th February 2018 from renewable energy projects in developing countries, that are at feasibility study stage and have the support of the central government. 

ADFD funding offer:

 

*USD 5 million to USD 15 million per project, covering up to 50% of the total project cost.

* Loan rates of 1 to 2%, 20-year loan period including a 5-year grace period.

* Government guarantee required for the ADFD loan (usually from the Ministry of Finance).

 

Please click the following link about explanation:  http://www.irena.org/-/media/Files/IRENA/ADFD/Overview/IRENA_ADFD_Sixth_Cycle_Flyer_2017_English.pdf?la=en&hash=87B3FEC0DEFC4F762FC14BD30323201BD60AEDFD

 

 

 

News Date: 16 / 11 / 2017
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