ersol Solar Energy AG Signs 1.8 GW Silicon Supply Contract

Vienna, Austria [] 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 EUR 3.7 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.

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