$138 Million Maldives Renewable Energy Project Backed by World Bank Launched

Abdul Matheen, State Minister for Energy revealed that the project is expected to be completed within five years. Out of a total 26 MW of generated electricity, 16 MW will be supplied to the Male region, which constitutes 30% of the total population of the country. This project is a part of a renewable energy investment plan of the government which has been developed under the Sustainable Renewable Energy Project (SREP) of the Climate Investment Fund. The project would be funded by the World Bank, Asian Development Bank, and German and Japanese Banks. According to the Energy Authority of the Maldives, the project will be extended to 50 islands to promote the use of renewable energy.

Full article: http://cleantechnica.com/2012/10/20/138-million-maldives-...

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Maldives announces inception of $138mn renewable energy project to generate 26MW within 5 years [link]
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RT @treecredits: $138 Million Maldives Renewable Energy Project Backed by World Bank Launched - CleanTechnica [link] via @cleantechnica
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RT @Climate_Bonds: $138 Million Maldives Renewable Energy Project Backed by World Bank Launched [link]
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Seeing the light, at the sharp end - low-lying Maldives launches $138 Million Renewable Energy Project [link]
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Investments in #renewables in the #Maldives, just one topic we'll learn about at the #CIFforum [link]
@renrginvestment » 21 Oct '12, 1pm
The Energy Authority of #Maldives approve $138 million #renewableenergy #investment to generate 26 MW of electricity. [link]
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