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SADC renewable energy entrepreneurs urged to apply for support facility

The SADC Centre for Renewable Energy and Energy Efficiency (SACREEE) has partnered with the International Renewable Energy Agency (IRENA) to establish the Southern African Development Community (SADC) Renewable Energy Entrepreneurship Support Facility.

The facility seeks to enhance and strengthen the capacity of small to medium entrepreneurs in assessing the business potentials of sustainable energy, develop viable business plans and loan requests, and manage and maintain their businesses successfully.

Furthermore, the facility seeks to increase the confidence of financial institutions in sustainable energy systems and create linkages between the entrepreneurs and financial institutions. Read more: Gambia renewable energy entrepreneurship syllabus effected

Renewable energy entrepreneurs

In the SADC region, renewable energy entrepreneurs are at the forefront of efforts to extend access to modern energy services as they are often the best placed to offer tailor-made local solutions.

Such entrepreneurs, however, face serious challenges including business management and operations, as well as bringing their innovative ideas to fruition.

To overcome some of these challenges and strengthen the capacity of SADC-based renewable energy entrepreneurs, SACREEE and IRENA are inviting these entrepreneurs to submit their applications for technical support in the following areas:

  • Refining renewable energy project proposals in order to reach bankability.
  • Enterprise development through the Facility’s mentorship and training programme.

The applications will go through a selection process and the successful applicants will be contacted.

Please note that this is a technical support facility and that no financial assistance will be provided.

To learn more about this call, interested parties can contact the SADC Renewable Energy Entrepreneurship Support Facility on this email address: energy@sacreee.org

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Babalwa Bungane
Babalwa Bungane is the content producer for ESI Africa - Clarion Events Africa. Babalwa has been writing for the publication for over five years. She also contributes to sister publications; Smart Energy International and Power Engineering International. Babalwa is a social media enthusiast.