Renewable Energy Manufacturing Initiative
Helping countries achieve energy security and economic growth through local manufacturing
Many countries in the Global South want to grow their clean energy sectors to support economic growth, improve energy access, and decarbonize their energy systems.
Local manufacturing of renewable energy technologies can offer several benefits. It helps reduce overall costs of renewable energy equipment for local companies, with these savings helping to make energy more affordable for people. It improves a country’s energy security because there is a less of reliance on imported products. And it creates a wide variety of jobs for people.
The Renewable Energy Manufacturing Initiative (REMI) was launched at Abu Dhabi Sustainability Week 2023 (ADSW) and aims to drive investment and mobilize action in countries to scale up renewable energy manufacturing capabilities.
It is a strategic partnership between Sustainable Energy for All, the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industry Association.
REMI is currently focused on regional engagement in Africa and Southeast Asia. Both regions have their own unique set of challenges when it comes to growing local renewable energy manufacturing. In coordination with our partners, we are identifying key barriers and gaps in policy, finance and technology, and we are working with countries to develop strategies that overcome them.