Last month, a report in The Guardian revealed that 1.4 billion people worldwide are currently living without electricity with underdeveloped energy infrastructures. The report suggested that this could be resolved by utilising renewable energy sources that feed into mini grids, which in turn creating localised generation and transmission of electricity.
The International Renewable Energy Agency (IRENA) has recently awarded a $5m loan to the Mauritanian government to develop a local mini grid system to combat their energy crisis, as only 1% of their rural communities are currently electrified. Frank Wouters, Director of IRENA stated that there was a “huge demand” for projects like these, with the organisation awarding $50m to similar projects every year.
Vergnet supports IRENA’s investm...Read More