The European Commission and the European Development Finance Institutions have launched the Electrification Financing Initiative: ElectriFI

The Electrification Financing Initiative (ElectriFI) is an EU initiative that will support electrification investments that will lead to new and improved connections, with strong features for scalability. ElectriFI will be flexible in allowing the support of different business models, utilities and mini-grids. 

The specific objectives of the initiative are to: 

  1. achieve intensive mobilisation of the private sector
  2. in the business of increasing or improving access to modern, affordable and sustainable energy services
  3. for populations living principally in rural, underserved areas as well as areas affected by unreliable power supply
  4. encourage more actions in the field of renewable energy in general with emphasis on decentralised sustainable energy solutions and
  5. with potential to attract additional financing to ElectriFI clients.

 

Visit ElectriFI website for more information


More on FSR Global

A Sustainable Approach to Mining in Peru
A Sustainable Approach to Mining in Peru

In this article, Suamy Gabriela Pérez Ortega explores how renewable energy enables a more sustainable approach to mining in Peru.…

2nd Lights on Women Scholarship — Meet the recipients!
2nd Lights on Women Scholarship — Meet the recipients!

Meet the recipients of the 2nd Lights on Women scholarship! A diverse talent pool is a key driver of innovative…

Electric Vehicle Charging
Electric Vehicle Charging

Electric Vehicles: A Mobility Revolution The global Electric Vehicle (EV) fleet is poised to increase exponentially in what has been…

Join our community

To meet, discuss and learn in the channel that suits you best.

scroll

top