The Southern and East Africa Energy and Environment Partnership (S&EA EEP) is seeking to fund high-quality renewable energy efficient projects contributing to poverty reduction while mitigating global climate change says the Ministry of Minerals, Energy and Water Resources (MMEWR) Renewable Energy Performance Coordinator Aaron Somolekae.
Inviting application submissions for April 13, 2015- deadline, Somolekae who is the Certified Departmental Principal Engineer New and Renewable Energy said funding will be made to viable renewable energy efficient projects close to commercial maturity and having prospects for scale-up.┬á Such projects must have at least completed the feasibility phase and should meet the requirements outlined in the Concept Note Guidelines (CNG).
According to Somolekae, “The maximum grant allocation can fall in the range (Euro) Ôé¼ 200 000 – Ôé¼1 000 000.00 (P2 146 000 – P10 730 000) depending on the level of verifiable project co-financing.
“The applications are sought in two stages: Firstly, as concept notes on current project stage, based on the successfully ranked applicants submissions; and secondly, as full project proposals.
Concept note applicants will be screened in terms of key criteria, including: project or business ideas; capability of the applicants; developmental impacts and climate change mitigations; scale-up/replication potential encompassing potential to mobilize future investment and financial leverage or co-financing share.”
S&EA EEP is active in Botswana, Burundi, Kenya, Lesotho, Mozambique, Namibia, Rwanda, Seychelles, South Africa, Swaziland, Tanzania, Uganda and Zambia.
The S&EA EEP programme promoting renewable energy efficiency and clean technology investments started 2002 in Central America before its implementation area was enlarged to South-East Asia and Africa. The S&EA EEP programme is jointly funded by the Ministry of Foreign Affairs of Finland, as the lead donor, Austrian Development Agency (ADA) and UK’s Department for International Development (DFID). EEP implementation in Southern and Eastern Africa started in March 2010 and will run till mid 2017.
KPMG is implementing S&EA EEP on behalf of the Finnish Ministry of Foreign Affairs, coordinated from offices in Pretoria, South Africa. KPMG with global headquarters in Amstelveen, the Netherlands, is one of the largest professional auditors, and one of the big four along with Deloitte, Ernst & Young (EY) and Pricewaterhouse Coopers. (PwC).