FeaturedMarkets

Mali Accelerates Renewable Energy Initiatives For Sustainable Development

The 3rd Renewable Energies Week commenced with fervor as the Malian Minister of Young People and Sports, Civic Education and Citizenship, Abdoul Kassim Fomba, presided over the event on behalf of Prime Minister Choguel Kokalla Maïga. The week-long event, dedicated to advancing renewable energy initiatives, underscores Mali’s commitment to sustainable development in the Sahel region of West Africa.

growatt_inside_jan

During the opening ceremony, Minister Fomba reaffirmed the government’s dedication, along with key stakeholders, to propel the development of renewable energies in Mali. The event focuses on promoting opportunities within Mali’s renewable energy sector, particularly highlighting the country’s investment plan for the Renewable Energies Integration Programme, funded by the Climate Investment Fund under the African Development Bank’s Desert to Power initiative. This ambitious plan seeks to accelerate Mali’s transition to a cleaner and more diverse energy mix while bolstering energy resilience.

Malian Minister of Energy and Water, Bintou Camara, lauded the exploration of advances and opportunities in renewable energies within Mali, describing it as captivating progress.

hoymiles
Also Read  First Solar Inks Deals to Sell Up to $700 Million in 2023 IRA Advanced Manufacturing Production Tax Credits

Renewable Energies Week serves as a platform for sharing best practices and innovative ideas aimed at fostering the adoption and integration of renewable energies across various sectors of Mali’s economy. Government officials elaborated on the investment plan’s intricacies, addressing both its challenges and opportunities.

Adalbert Nshimyumuremyi, head of the African Development Bank’s country office in Mali, reiterated the Bank’s unwavering support for Mali’s renewable energy endeavors, emphasizing the importance of achieving energy access targets.

The event aims to strengthen partnerships among stakeholders, investors, and civil society. Participants were briefed on the completion of a study recommending the integration of solar power into Mali’s electricity system, proposing an increase in solar production capacity by 1,400 megawatts by 2035, necessitating an investment of approximately EUR 1.14 billion.

Franklin Gbedey, the Bank’s head of renewable energies, emphasized Mali’s significance within the Desert to Power initiative, highlighting its potential to positively impact populations by ensuring permanent access to high-quality and affordable electricity.

Also Read  PLN And JERA Join Forces For Green Energy Ecosystem Development In Indonesia

Renewable Energies Week signifies Mali’s steadfast commitment to renewable energy development, marking a pivotal step towards a sustainable and resilient energy future for the nation and the Sahel region.

Related posts

SIAZ Joins as Association Partner at The Solar Week Zambia 2024

Mike

Introducing Elementa 2: Trina Storage Unveils Advanced Energy Storage System powered by Trina’s in-house Battery Cells

Michael

South Africa’s Royal Johannesburg And Kensington Golf Club Unveils Largest Solar Microgrid

Mike

Leave a Comment