16 February 2015 - Based on their common commitment to turn SE4ALL objectives into practical action at the OFID Symposium: Petroleum Industry Support for Universal Energy Access on the 4th of November 2014, Mr. Suleiman Jasir Al-Herbish, Director-General of OFID, and Mr. Marcus Wiemann, Executive Director of ARE, signed a Memorandum of Understanding in the presence of Mr. Yumkella as Special Representative for the Sustainable Energy for All Initiative.
ARE is tasked on behalf of OFID to identify acceptable and suitable project applications for OFID financial aid and financial assistance from ARE members, especially embracing mini-grid hybridisation projects using the most suitable energy technology.
The global objective of this Call for Proposals supported by OFID financial aid is intended to provide a de-risking mechanism for business ventures to accelerate replicable and scalable models for the deployment of mini-grids for increasing and improving access to modern, affordable and sustainable energy services in developing countries. The specific objective of this Call for Proposals is to support the accelerated deployment and use of hybrid mini-grids to increase and improve access to modern, affordable and sustainable energy services in developing countries which particularly target poor communities, social institutions (e.g. clinics, health posts, schools) and promote productive uses.
The Call for Proposals is only open to ARE members. Completed applications should be sent no later than 17 April 2015. In case of interest please contact directly Marcus Wiemann, ARE Executive Director.
The OPEC Fund for International Development (OFID) is the development finance institution established by the Member States of OPEC in 1976 as a collective channel of aid to the developing countries. OFID works in cooperation with developing country partners and the international donor community to stimulate economic growth and alleviate poverty in all disadvantaged regions of the world. It does this by providing financing to build essential infrastructure, strengthen social services delivery and promote productivity, competitiveness and trade.