DBSA, Green Climate Fund to provide USD 200m for solar, wind projects

Author: 401(K) 2012 on Flickr, CC BY-SA 2.0

August 12 (Renewables Now) - The Development Bank of Southern Africa (DBSA) has opened a call for proposals for solar and wind projects, looking to provide USD 200 million (EUR 171m) under a programme developed together with the Green Climate Fund.

The proposal is for projects with a capacity of between 10 MW and 75 MW that have completed feasibility studies and have all permits and licences in place. The projects should also have a power purchase agreement (PPA) in place for at least 15 years.

The call is open until September 30.

DBSA and the Green Climate Fund are each providing USD 100 million for the so-called Embedded Generation Investment Programme (EGIP).

(USD 1 = EUR 0.853)

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Before joining Renewables Now, Alex was a UK-focused business news reporter. Now she is covering global news from the renewable energy industry with a special interest in M&A.

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