The Delegation of the European Union (EU) to Mozambique and the German Embassy have announced today their commitment to mitigate the negative effects of the Convid-19 pandemic on the energy sector.
Such contribution will be under the well-established Fundo de Acesso Sustentável às Energias Renováveis – FASER, to which the EU has put forward EUR 5 million and the German Government contributed with an additional Euro 0.5 million. This innovative financing mechanism – CovidPlus - aims at alleviating the impact of the pandemic on small and medium sized energy service companies and on the population that still has no access to energy. More than 20,000 households living in rural areas should gain access to energy services through this mechanism. A call for proposals was also launched to select private companies for the delivery of such services.
The CovidPlus incentive will play a vital role in ensuring the business continuity of the private companies operating in this segment during the Covid-19 pandemic and at the same time give room to those companies to offer special price and payment conditions to their clients, temporarily relieving their household expenses.
CovidPlus is a funding mechanism especially dedicated to ensure that vulnerable populations continue to have access to energy and to ensure the business continuity of Energy Technology and Service Providers (Solar PV and ICS) in Mozambique during the Covid-19 pandemic.
Suppliers and distributors of decentralized renewable energy technologies are eligible for the RBF Fund. Implementers may be individual entrepreneurs, companies, associations, cooperatives, partnerships and/or consortia between local and international companies that carry out activities with the aim of selling eligible technologies to end consumers on a commercial basis.
Read the call for proposals here.
Read the press release here.
More information here.
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