The RECP focusses on meso-scale renewable energy investments, loosely defined as multi-million euro investments, related to all renewable energy resources employed. Meso-scale projects have substantial potential for increasing energy access and simultaneously provide local benefits. The RECP is based on an integrated approach of interlinked activities organised in four Action Areas geared towards enabling and triggering investment. Each Action Area is targeting a crucial factor for success of efficient markets.
Action Area 1 – Policy Advisory
Support the development of a policy and regulatory framework favourable to private investment.
Action Area 2 – Private Sector Cooperation
Facilitate African and European business cooperation for co-investment, exchange of expertise and technology and promote investment in Africa’s renewable energy markets.
Action Area 3 – Access to Finance
Support renewable energy projects to reach bankability, assisting valuable project ideas to develop into concrete investment opportunities.
Action Area 4 – Innovation and Skills Development
Support the development of technical capacities and business skills by creating an African-European network including research, education and private sector institutions.
This homepage has been developed to provide a dedicated access point for European and African renewable energy entrepreneurs and investors to our Action Area 2 & 3 activities, products and services.