| Author (Corporate) | European Commission: DG Communication |
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| Series Title | Press Release |
| Series Details | IP/17/442 (06.03.17) |
| Publication Date | 06/03/2017 |
| Content Type | News |
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On 4 March 2017 the Commissioner for International Cooperation and Development, Neven Mimica, announced the preparation of 19 new renewable energy projects, with a total potential investment of €4.8 billion. This was done during the second Board of Directors meeting of the Africa Renewable Energy Initiative. These sustainable energy projects have an indicative EU contribution of €300 million, which is expected to leverage total investments amounting to €4.8 billion, adding 1.8 Gigawatts of new renewable energy generation in Africa. The European Union is a key counterpart for Africa on sustainable energy cooperation. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-17-442_en.htm |
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| Subject Categories | Environment |
| Countries / Regions | Africa, Europe |