ADFD to finance two renewable energy projects

ADFD to finance two renewable energy projects

The Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, yesterday announced an allocation of AED64.2 million for the development of two projects in Seychelles... Read More
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Seychelles now a founding member of the International Solar Alliance
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Abu Dhabi gives $ 17.4 million to fund 2 renewable energy projects in Seychelles

Victoria, Seychelles | March 13, 2018, Tuesday @ 13:46 in National » GENERAL | By: Betymie Bonnelame | Views: 609
Abu Dhabi gives $ 17.4 million to fund 2 renewable energy projects in Seychelles
The five wind turbines at Ile de Romainville and three at Ile du Port provided by Abu Dhabi-based energy company Masdar as a grant from the government of the United Arab Emirates. (Patrick Joubert)

(Seychelles News Agency) - Seychelles will receive funding for two renewable energy projects at a price of $17.4 million from the Abu Dhabi Fund for Development (ADFD), a communique from Seychelles' embassy in the United Arab Emirates said on Monday.

The announcement comes as the president of Seychelles, Danny Faure, attends the founding conference of the International Solar Alliance in India.

The project agreements were signed by the Fund’s director general, Mohammed Saif Al Suwaidi, with Seychelles’ environment minister, Didier Dogley, and Philippe Morin, the chief executive of the island nation’s Public Utilities Corporation.
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