Bioenergy

REEEP Disburses $4.3 M for 35 New Clean Energy Projects

Vienna, Austria [RenewableEnergyAccess.com] The Renewable Energy and Energy Efficiency Partnership (REEEP) announced it will fund 35 new projects. The funding round, REEEP’s sixth, is the largest in its four-year history. The increased funding was driven by new donor contributions in March when the Norwegian government announced a three-year pledge of Euro 3.7 million [US$4.9 million]. Norway joined the United Kingdom, Ireland, Italy and New Zealand as a project donor government. Norwegian funding is focused on supporting several projects in Brazil, China and India. One is developing a financial mechanism to stimulate energy efficiency in buildings, and another will develop a national action plan for rural biomass. Norwegian funding will also establish a renewable energy fund in West Africa and promote biomass gasifiers in India.