Solar Energy
Solar energy is one of the most sustainable sources of energy in the foreseeable future with co-benefits of environmental sustainability, economic security, and equitable supply of energy. It is high on the global agenda and crucial to meeting the world’s climate goals. Moreover, solar energy is not just clean, they are fast becoming the cheapest form of power generation in many markets.
One of the biggest drawbacks of solar energy used to be its generation cost. However, the cost of solar energy is now below the cost of traditional fuels, and they are likely to fall further over the next decade, giving solar energy an even bigger cost advantage. The much-predicted death of fossil fuels is still some way off, especially outside Europe. Coal, gas, and oil will remain part of the fuel-supply mix for the foreseeable future, especially given the appetite for energy in developing economies in Africa, Asia, and the Middle East. Coal and oil are expected to peak within the next few years, while the demand for net zero is pick-up momentum with leaders from major economies are pushing for deep emission reductions from fossil fuels. According to IEA report Net Zero by 2050, the pathway calls for 630 gigawatts by the year 2030 and largest single source of electricity by the year 2050.
Sustainable energy has been one of the major areas of intervention for GGGI. Solar energy forms the second largest portfolio of green investment mobilization through the Green Investment Services (after sustainable landscapes). GGGI facilitates policy and regulatory environment, application of potential new emerging technologies & ideas, and mobilizing green finance backed by sustainable business model setting the direction for creating the right enabling conditions for adoption of solar energy at scale that fits into the country needs and regional conditions.
Projects
rw38
Thematic Areas
Countries
RW38 Support to setup Super ESCO facility in Rwanda as a vehicle to promote energy efficiency
Start Date | Q2 2022 |
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Funding Source | |
Actual Budget (USD) | 181,325 |
Status | Active |
Thematic Area |
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UG23-E1
Thematic Areas
Countries
UG23 Promoting Solar Powered Irrigation and Pumping in Uganda
Start Date | Q1 October 2020 |
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Funding Source | |
Actual Budget (USD) | 800,000 |
Status | Active |
Thematic Area |
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ROCO2
Thematic Areas
Countries
ROCO2 Solar Grandmothers in Burkina Faso
Start Date | Q1 2022 |
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Funding Source | |
Actual Budget (USD) | 439,000 |
Status | Active |
Thematic Area |
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RW31
Thematic Areas
Countries
RW31-Smart and Electric Public Transport Services for Low-Carbon City Development in Rwand
Start Date | Q3 2021 |
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Funding Source | |
Actual Budget (USD) | 150,000 |
Status | Active |
Thematic Area |
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CO10
Thematic Areas
Countries
CO10 Scaling up rural electrification via capacity building to public and private actors
Start Date | Q1 24 February 2021 |
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Funding Source | |
Actual Budget (USD) | 626 |
Status | Active |
Thematic Area |
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IN09
Thematic Areas
Countries
IN09 Utility scale 150MW ground mounted solar PV project for new highway corridor in Maharashtra, India
Start Date | Q1 26-02-2019 |
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Funding Source | |
Actual Budget (USD) | 54,470 |
Status | Complete |
Thematic Area |
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IN25
Thematic Areas
Countries
IN25 GGGI – ISA partnership for one million solar pump initiative
Start Date | Q1 01-01-2020 |
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Funding Source | |
Actual Budget (USD) | 0 |
Status | Active |
Thematic Area |
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ET08
Thematic Areas
Countries
ET08 Green growth governance – Business Case for Solar PV (Energy) Investment at the Adama Industrial Park
Start Date | Q1 20190101 |
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Funding Source | |
Actual Budget (USD) | 91,750 |
Status | Active |
Thematic Area |
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News
News • May 10, 2023
GGGI hosts a workshop to review the progress of the interim findings of the Super ESCO (Energy Services Company) Project in Rwanda
9th February, Kigali, Rwanda , the Global Green Growth Institute hosted the hybrid workshop to review the progress of the interim findings of the Super Esco (Energy Services Company ) Project in Rwanda. With participants from the following institutions, organizations and partners, Government officials from MININFRA-Energy Directorate, MINECOFIN, REGEUCL, REG-EDCL, RURA, BRD, RHA, CPCIC ✓ […]
News • May 1, 2023
Africa’s Green Economy Summit connects global capital with green economy projects from across the continent
February 22-24th 2023, Cape Town, South Africa – the Global Green Growth Institute as a key partner of the Africa Green Economy Summit this year joined participants from across the globe to share their insights, experience and knowledge on green economy initiatives lead by GGGI and partners. With the the event theme for 2023 “Driving […]
News • March 13, 2023
Matchmaking among garment manufacturing industries and the clean energy service providers under EU-Switch Garment Project
Phnom Penh, 13 March 2023 – Switch Garment project, co-implemented by GGGI, TAFTAC and Geres hosted an exhibition to showcase its mid-term achievement and to strengthen connectivity between clean energy service providers and garment manufacturers in Cambodia. The event took place at the premise of Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC). […]
News • February 9, 2023
7000 rural community leaders and youth trained in Renewable Energy and Energy Efficiency in Fiji, PNG, Solomon Islands and Vanuatu
Suva, Fiji, 8 December 2022 – The “Capacity Building to Strengthen Sustainable Implementation of Renewable Energy Technologies for Rural Energy Access” project, implemented by the Global Green Growth Institute (GGGI) and funded by the Korean Government through the Korean International Cooperation Agency (KOICA) held its final Regional Workshop in Suva, Fiji on 8 December 2022. […]
News • January 4, 2023
Energy Efficiency in Rwandan Non-Residential Buildings and Facilities – The role of Detailed Energy Audits
The Global Green Growth Institute (GGGI) in collaboration with the Rwanda Ministry of Infrastructure (MININFRA), are implementing a project preparatory work to assess the energy efficiency market in Rwanda and develop a new financial vehicle that can support the implementation of the energy efficiency initiatives. The preparatory work is funded by the Korea Ministry of […]
News • November 30, 2022
Successful Completion of Renewable Energy and Green Economy Trainings for Remote Rural Communities in Fiji
Suva, Fiji, October 11, 2022 – The Global Green Growth Institute (GGGI) in partnership with the Climate Change and International Cooperation Division (CCICD) of the Ministry of Economy, conducted community level trainings in five (5) Fijian communities under its project titled “Capacity Building to Strengthen Sustainable Implementation of Renewable Energy Technologies for Rural Energy Access”. […]
News • October 31, 2022
45 solar pumps Installation in Burkina Faso
Ouagadougou, October 17-22nd, 2022, Global Green Growth Institute (GGGI) has enabled the installation of 45 solar pumps in three regions (North, Hauts-Bassins and Center-West) bringing to 50 the number of solar irrigation kits made available to agricultural producers since 2021. The ‘Solar irrigation pumping systems and solar mini-grid’ project is implemented in collaboration with the Ministries […]
News • October 12, 2022
Launch of Renewable Energy and Green Economy Trainings for Remote Rural Communities in Solomon Islands
Honiara, Solomon Islands, September 2022 – The Global Green Growth Institute (GGGI) in partnership with the Department of Energy under the Ministry of Mines, Energy and Rural Electrification (MMERE) will be conducting community level trainings in six selected rural communities of Guadalcanal and Central Province under its project titled “Capacity Building to Strengthen Sustainable Implementation […]
News • September 29, 2022
Launch of Renewable Energy and Green Economy Trainings for Remote Rural Communities in Solomon Islands
Honiara, Solomon Islands, September 2022 – The Global Green Growth Institute (GGGI) in partnership with the Department of Energy under the Ministry of Mines, Energy and Rural Electrification (MMERE) will be conducting community level trainings in six selected rural communities of Guadalcanal and Central Province under its project titled “Capacity Building to Strengthen Sustainable Implementation […]
News • August 30, 2022
Launching of renewable energy and green economy trainings for remote rural communities in Papua New Guinea
Port Moresby, Papua New Guinea, 2022 – The Global Green Growth Institute (GGGI) in partnership with the Climate Change and Development Authority (CCDA) and the Central Provincial Administration (CPA), will be conducting community level trainings in five selected rural communities of Central Province under its project titled “Capacity Building to Strengthen Sustainable Implementation of Renewable […]
News • July 22, 2022
Vanuatu and GGGI Launch New Country Planning Framework 2022 – 2026
Port Vila, 20 July 2022. The new Vanuatu Country Planning Framework (CPF) 2022 – 2026 between the Global Green Growth Institute (GGGI) and the Government of Vanuatu was launched in Port Vila on 20th July 2022 by the Minister of Climate Change Adaptation, Meteorology, Geo0-hazards, Environment, Energy and Disaster Management (MCCA) – Honorable Silas Bule […]
News • July 15, 2022
Accelerating the green transition: First onshore verified green bond issuance in Viet Nam
Hanoi, 15 July 2022 – With technical support from the Global Green Growth Institute (GGGI), the first onshore, local currency, internationally verified green bond was issued in Viet Nam by EVN Finance Joint Stock Company (EVNF). The value of the issuance is USD 75 million (VND 1,700 billion equivalent). “Green finance is increasingly becoming a […]
News • July 12, 2022
2022 Pacific Energy Officials Meeting
Suva, Fiji, Friday, 11 July 2022: The 2022 Pacific Energy Officials Meeting was virtually held from 5-7 July 2022 by the Pacific Community (SPC) in partnership with the Government of Vanuatu, as the host and incoming Chair of the Fifth Pacific Regional Energy and Transport Ministers Meeting. The purpose of the meeting was to allow […]
News • July 5, 2022
GGGI and Ministry of Environment host the 3rd Luxembourg Waste to Resource Project Thematic Working Group Meeting
14-17 June 2022, In Musanze Secondary City ,Kigali Rwanda the third thematic working group for waste to resource: improving municipal solid waste and hazardous waste management in Rwanda was convened in Musanze from 14 to 17 June 2022 at Fatima Hotel. This is a recurrent quarterly activity under the project where members of the technical […]
News • July 1, 2022
GGGI’s support to Government of Madhya Pradesh (India) on the World’s Largest Floating Solar Project
The Global Green Growth Institute (GGGI) is supporting the Government of Madhya Pradesh, India, and Rewa Ultra Mega Solar Limited in developing the #600MWFloatingSolarProject at Omkareshwar Dam, in #MadhyaPradesh, India-the largest in the world so far. GGGI acting as an independent technical & financial advisor has successfully enhanced the financial viability and bankability of the project. The project now attains […]
News • June 20, 2022
Rwanda hosts the “Africa Regional Forum for Action – Inclusive & Active Mobility in a Changing Climate “
7-9 June 2022, Kigali , Rwanda. More than 120 participants convened in Kigali, Rwanda to discuss the role of active mobility and non-motorized transport in climate mitigation. The event had participants from several organisations such as Transaid ;City of Kisumu ; Bridges to Prosperity ; National Malaria Elimination Centre, Ministry of Health ;UN Habitat ; […]
News • June 7, 2022
Draft Gulu Physical Development Plan Handover
Gulu City, June 6, 2022 Gulu City has received the final draft of the Physical Development Plan. The plan has been developed under the greening Uganda’s urbanization and industrialization project, funded by the European union. The plan is a spatial expression of the social and economic environment or other policy, at National, regional, district, city […]
News • June 7, 2022
Integration of climate-smart agriculture to farmers’ practices in Northern Burkina Faso
From May 30th to June 3rd, 2022, training sessions on climate-smart agriculture took place in three cities and several farm sites in the Northern region of Burkina Faso. A total of 350 producers, of which more than 40% were women, were trained and participated in site visits in the villages of Ouahigouya, Rikou, Oula, Petit […]
News • May 16, 2022
GGGI supports Guyana in developing a National MRV System
Guyana – The Global Green Growth Institute (GGGI), an international, intergovernmental organization, is working closely with the Government of Guyana and project partners to promote sustainable and low carbon development. On April 28th, 2022, a stakeholder briefing for the Green Climate Fund (GCF) Readiness Project: “Development of Guyana’s National Climate Finance Strategy, MRV System and […]
News • May 3, 2022
Launching of renewable energy and green economy trainings for remote rural communities in Fiji.
Suva, Fiji, 2022 – The Global Green Growth Institute (GGGI) in partnership with the Climate Change and International Cooperation Division (CCICD) of the Ministry of Economy, will be conducting community level trainings in selected Fijian communities under its project titled “Capacity Building to Strengthen Sustainable Implementation of Renewable Energy Technologies for Rural Energy Access”. The […]