Re­new­able En­ergy Co­op­er­a­tion

ChinAfrica - - News Roundup -

Co­op­er­a­tion be­tween China and Africa has seen re­mark­able progress in re­new­able en­ergy, show­ing the de­ter­mi­na­tion of de­vel­op­ing coun­tries to har­ness the huge po­ten­tial of clean en­ergy and com­bat cli­mate change.

China-africa Re­new­able En­ergy Co­op­er­a­tion and In­no­va­tion Al­liance, a coali­tion of fi­nanc­ing in­sti­tu­tions, smart grid providers and core man­u­fac­tur­ers, signed a mem­o­ran­dum of un­der­stand­ing (MOU) on co­op­er­a­tion with Africa Re­new­able En­ergy Ini­tia­tive (AREI) on Au­gust 31.

“Africa has the high­est po­ten­tial for re­new­able en­ergy, but the least ac­cess to it,” said Seyni Nafo, Chair­man of AREI en­dorsed by the As­sem­bly of the African Union.

The MOU will en­able the two par­ties to co­op­er­ate in re­new­able en­ergy gen­er­a­tion in Africa, with Chi­nese fi­nanc­ing in­sti­tu­tions, smart grid providers and core re­new­able en­ergy equip­ment man­u­fac­tur­ers pro­vid­ing tech­no­log­i­cal and fi­nan­cial sup­port.

Pi­lot projects in­clude help­ing build mi­cro-grids in some African house­holds and vil­lages in com­bi­na­tion with large-scale power con­struc­tion.

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