EEP Africa – Grant Financing for Innovative Clean Energy Solutions
EEP Africa supports early-stage, locally driven, innovative clean energy projects that are in active development. All applications need to demonstrate a clear need and additionality for EEP Africa financing. Funding is provided to feasibility studies, pilot, replication or scale-up projects. All project activities need to have a clear path to profitability with reasonable expectation of further investment and sustainable commercialisation.
EEP Africa is technology agnostic as long as solutions are based on renewable energy sources (solar, wind, biomass, geothermal, hydro, other renewable energy sources) or energy efficiency.
The projects should fall under at least one of the following groups of technologies:
- Residential electricity access
- Productive uses of energy (commercial and/or institutional)
- Mini grids (AC or DC)
- Power generation
- Clean cooking (residential and/or institutional, stoves and/or fuels)
- Mobility (electric and/or fuels)
- Energy efficiency & storage
Applicants can apply for grants and repayable grants between EUR 200,000 — 500,000. The minimum required co-financing is 30-50% of the total project budget depending on the project phase and company maturity. Furthermore, the Investment Committee may determine additional repayability of funds.
To learn more and submit a proposal, click here.
