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Home > News > Industry News > Britain offers £100 million fo.....


Britain offers £100 million for renewable energy projects in South Africa

  • Source:The internet
  • Release on:2018-12-17
According to Reuters, the UK will provide 100 million pounds ($127 million) to support renewable energy projects in sub-Saharan Africa.

Funding commitments from representatives from more than 190 countries met in Poland to enrich the commitments under the 2015 Paris Agreement to keep global temperatures rising below 2 degrees Celsius this century.

The UK will invest its money in a so-called renewable energy performance platform designed to support renewable energy projects such as solar, wind and hydro energy in sub-Saharan Africa.

The UK Energy Minister said in a statement that the funds will provide electricity to hundreds of thousands of people for the first time.

The UK's Department of Commerce, Energy and Industrial Strategy said in a statement that £100 million will help fund up to 40 projects and provide electricity to 2.4 million people a year.

The statement also revealed that the funds were previously £48 million promised by the UK to the REPP.

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