Promoting Sustainable Rural Energy Technologies

What is the project about?

Promoting Sustainable Rural Energy Technologies (RETs) project aims to reduce Ethiopia’s energy-related CO2 emissions by approximately 2 m tonnes CO2e by promoting renewable energy and low greenhouse gas producing technologies as a substitute for fossil fuels and non-sustainable biomass utilisation.

The project will seek to implement a more private sector-driven and market-based approach towards promoting renewable energy technologies in rural communities in Ethiopia.

What have we accomplished so far?

National standards for improved biomass stoves and solar home systems approved
Laboratory equipments and instruments procured for the incubation centers to help regions comply with the national standards
Credit risk gurantee fund established at the Development bank of Ethiopia amounting $1.4 million and fiund management committee established
National roadshow communication strategy developed and approved by Ministry of Water, Irrigation and Energy with pilot shows conducted in Benishangul and Gambella
Entrepreneurship training provided to 172 members of rural energy technnologies enterprises
Business development services training was given to 75 experts from nine regions
First round of rural energy technologies innovative idea small grant awarded to 14 enterprises