Alternative Finance for Municipal Embedded Generation in South Africa

Led by:  ICLEI: Local Governments for Sustainability
Sector:  Finance

This project will support under-resourced municipalities to prepare pre-feasibility studies for embedded generation projects such as solar and wind power. They will then be supported to submit these to the Development Bank of South Africa’s Embedded Generation Investment Programme (EGIP) or to private investors to attract funding.

“This is a unique opportunity to harness city-scale innovation in developing renewable energy embedded generation projects that can transform the energy mix of municipalities, improving lives and contributing to national climate change objectives.”

- Dr Meggan Spires, Africa Director, ICLEI

 

SA wind turbine for ICLEI-shutterstock_Medium2