Ilias Tsagas: PV, micro-grids win the bulk of IRENA funding for developing countries
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) announced on Saturday the winners of the fourth round of a joint facility that funds transformative renewable projects in developing nations. All bioenergy, geothermal energy, hydropower, ocean energy, solar energy, and wind energy technologies are eligible for funding.
In this round though, solar PV and micro-grid technologies were the clear winners showcasing the dynamism of the sector.
Specifically, US$44.5 million in four projects.
Read the full article here.
Image credit: IRENA
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