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How to Join the Sustainable Energy Marketplace and Get Grant Funding for Your Renewable Energy Project

January 25, 2016 por adriver 2 Comments


Shepherds_Flat_Wind_Farm_2011
Photo: Steve Wilson

Register for our new webinar on the International Renewable Energy Agency’s Sustainable Energy Marketplace. The website is now live as a beta version.  This online Marketplace allows users to identify and share information about their work and make contact with potential business partners as a new tool for preparing sustainable energy projects in developing countries. And this is just the beginning. In the next stages, IRENA will focus on increasing the ease of the site’s usability, adding functions, and improving the overall user experience. Eventually, the Sustainable Energy Marketplace will offer a comprehensive suite of information, tools, and functionalities to facilitate project development and project financing, thereby reducing information barriers and project development costs for all key actors (project owners, financiers, host governments, service and technology providers) along the sustainable energy value chain. For instance, project owners will be able to access resource maps, regulatory information, identify relevant service providers, or upload project information to indicate financing needs. Financiers, in turn, will be able to screen a wide variety of projects across technologies and geographies, and the Sustainable Energy Marketplace also allows them to identify co-investors or risk mitigation instruments to help structure projects.

Since the November 2015 webinar hosted by IRENA and the Inter-American Development Bank (IDB), over 100 companies have registered their profiles. Numerous profiles have been approved and you’ll see a wide range of interesting companies and projects on the online platform. These first participants will be key to improving the site. We will learn from their activities, comments, and successes.

The IDB, as an early participant and partner of the Sustainable Energy Marketplace, is using the virtual platform to receive calls for proposals to its grant opportunity. The USD$400,000 IDB grant will be split among several renewable energy projects to support their project development needs. The objective of the grant is to help small and medium renewable energy projects in Latin America and the Caribbean to advance toward financial closure. Development activities such as technical studies, consulting for structuring, or help finalizing contracts will be considered. Projects that win a grant will receive support directly from top-notch consulting firms hired by the IDB. You can learn more about the eligibility criteria here, or at the next webinar.

New Energy Events will host a webinar February 1, 2016 for the IDB and IRENA. The webinar will cover eligibility criteria of the IDB grant opportunity, provide updates about the Sustainable Energy Marketplace, and show how to register a project on the Sustainable Energy Marketplace in order to qualify for the IDB grant. For those still interested in registering a company and/or project profile, applying for the IDB grant opportunity, or who simply need help improving their current registered profile, the February 1, 2016 webinar will provide ideas for how to make a strong profile and will include examples of test profiles.

The webinar will be held on February 1st, 2016 at 9:30 AM EST in English and at 10:30 AM EST in Spanish.

Register for the webinar here. 


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adriver

Communication Consultant Energy Division.

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