Finance and Policy
The European Investment Bank (EIB) has approved $4.9 billion financing for renewable energy, clean transport, COVID-19 recovery, social housing and education. Of this amount, $95 million will be allocated to the East Africa Rift Geothermal Project.
The Islands Development Company (IDC), responsible for sustainable development, inaugurated solar farms on two islands in line with its goal to run all its islands on green energy.
Seychelles plans to conduct a pilot study in 2021 with electric buses to test whether they work well as a mode of public transportation.
A government official explained that the selected bidder will not be able to meet all the conditions due to COVID-19, hence the delay to the planned floating solar plant.
A French developer is set out to construct a floating solar array on a saltwater lagoon in Seychelles under a 25-year PPA with Public Utilities Corporation.
Implementation of Africa’s first independent power producer floating solar photovoltaic (FPV) project is continuing in the Seychelles.
The Seychelles Minister of Energy has opened the tender process for the development of a 4MW floating solar photovoltaic (PV) project, the first in...