RES4Africa program launches in Ethiopia: “Fostering the deployment of Renewable Energy: a Sustainable Roadmap”
Addis Ababa, 3-4 October, 2017 – RES4Africa returns to East-Africa to launch its Ethiopia program during a 2-day high-level conference at the Sheraton Hotel in Addis Ababa. Over 300 participants and more than 90 speakers meet for a multi-stakeholder exchange on Ethiopia’s renewable energy transition.
The event sponsored by Enel Green Power, organized with the support of AEEP, gathers representatives from the Ethiopian government, multilateral banks, international organizations, private sector, and academia to discuss lessons learned, identify gaps and propose solutions for a smooth deployment of renewable energy in Ethiopia.
“Ethiopia can reap significant benefits from unlocking its vast renewable energy potential, and RES4Africa aims to be a part of this ambition.” said Roberto Vigotti, Secretary General of RES4Africa, in his opening remarks.
As one of Africa’s fastest growing and most populated economies, the country’s increasing electricity demand can be met with renewable energy, in particular hydro, geothermal and wind energy. Enabling access to electricity in the country’s predominant rural areas is crucial to improve livelihoods and to foster business creation in a sustainable, reliable and cost-efficient way. Ethiopia aims to install 13 GW new capacity between 2018 – 2025, mostly for hydro, wind, geothermal and solar PV, including a dedicated program similar to the IFC Scaling Solar initiative for a total installed capacity of 800 MW.
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