Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Electricity

Mauritius launches $191 million project to boost its renewable energy sector

Wednesday, 15 November 2017 14:58

(Ecofin Agency) - With the support of the Green Climate Fund (GCF) and the United Nations Development Programme (UNDP), Mauritius has launched a $191 million renewable energy project which aims at reducing the country’s fossil fuel imports and accelerate its shift to a low-carbon economy.

The project will extend over eight years and falls in line with the country’s goal to, by 2025, bring renewables’ share in its energy mix to 35% and reduce greenhouse gas emissions by 4.3 million tons.

In its first phase of development, the project will help boost the grid’s capacity by integrating the output of renewable power plants. It will also support institutional strengthening through the operationalization of the Mauritius Renewable Energy Agency (MARENA). The second phase will allow the deployment of the solar energy in Mauritius’ principal outer island, Agalega. 

Currently, 80% of the country’s energy is derived from fossil fuel.

Gwladys Johnson

 
Finance


 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.