UK aid funding available for innovative energy projects
LONDON, Jul 24 (APP):The United Kingdom (UK’s innovation agency), Innovate UK, is offering £20m of UK aid funding to develop and demonstrate innovative solutions for clean, affordable and secure energy access in sub-Saharan Africa, South Asia or South East Asia. A UK government statement issued here on Friday said that the competition, Energy Catalyst round 8 – which is open now and runs until September 16th – seeks to encourage the development of products and services that help countries in sub-Saharan Africa, South Asia, South East Asia or multiple regions access secure, low cost and low carbon energy. “They must be targeted at people, public services and local enterprises who are unable to afford or access existing solutions, or who lack the time or expertise to successfully use those solutions”, the statement said. It added that the Energy Catalyst’s mission was to accelerate the innovation needed to end energy poverty. By providing financial and advisory support to innovators we help create strategic partnerships, uncover insights and develop business models to improve lives in Africa and Asia, the statement said. It further said that the challenges of energy poverty include: over 1 billion people do not have access to electricity,over 3 … Continue reading UK aid funding available for innovative energy projects
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