Policy status:In Force
Date Effective:2015
Policy Type:Economic Instruments, Economic Instruments>Fiscal/financial incentives>Loans, Economic Instruments>Direct investment, Economic Instruments>Direct investment>Infrastructure investments, Economic Instruments>Fiscal/financial incentives
Policy Target:Solar, Solar>Solar photovoltaic, Multiple RE Sources, Multiple RE Sources>Power
Policy Sector:Electricity
Size of Plant Targeted:Small and Large
Agency:Ministry of Minerals, Energy and Water Resources

The Government has opened a Renewable Energy Fund Account with a 7.9 million Pula (bwp) grant from the Global Environment Fund as seed money. The Fund is aimed at subsidizing renewable energy technologies for off-grid solutions especially for applications including solar water heating and water pumping. The Department of Energy is preparing modalities of operationalizing the RE Fund, with priority placed on installing Solar Water Heaters, Solar Home Systems and Water Pumping Systems. Tenders to acquire consultancy services for the establishment of a financing mechanism and protocols closed on 13 October 2015 and evaluation of the tenders is on-going.

Last modified: Thu, 21 Apr 2016 12:11:18 CEST