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Danish wind energy co-op with Ethiopia extended to 2020

(EBC; October 23, 2018)- Ethiopia will receive support from the Danish government and continue integration of renewable energy into their infrastructure, with the goal of providing 100 percent of electricity from renewable resources.

The Danish government has agreed to invest an additional 7 million kroner into the standing Danish-Ethiopian co-operation, helping to develop and modernise the east-African country’s renewable energy sector.

The agreement will now extend to the end of 2020.

The Accelerating Wind Power Generation in Ethiopia project began in 2017, giving Ethiopia access to more direct investment from the Danish private and public sectors, while also directly providing technical guidance to Ethiopian officials.

“I am pleased that we had the opportunity to extend the co-operation to 2020. The agreement opens up private investment in Ethiopia’s green conversion market, reflecting the P4G-goal of developing public-private relationships in the pursuit of the UN’s development goals.” said the development minister, Ulla Tørnæs.

Ethiopia was a prominent attendee at last week’s P4G Copenhagen summit, which aimed to promote green economics and grow international private-public collaboration.  The investment is another way for the Danish government to support circular economies.

Source: The Copenhagen Post