Universal Energy Facility
The Universal Energy Facility is a multi-donor results-based financing facility that provides incentive payments to eligible organizations deploying energy solutions and providing verified end-user electricity connections (including mini-grids and solar home systems) and clean cooking solutions based on pre-determined standards.
More than 13 private sector mini-grid developers and industry associations supported the design of the Universal Energy Facility as an alternative to traditional tendering processes. Our approach is to support proven solutions and business models offered by experienced firms and organizations.
The Universal Energy Facility aspires to be a USD 500 million facility by 2023 (USD 100 million by 2022) and to deliver approximately 2.3 million energy connections and 300,000 clean cooking solutions by 2023.
The mini-grid emissions tool was originally designed to calculate the climatic impact of the Universal Energy Facility (UEF).
It helps the sector better estimate emissions avoided by taking into consideration different previous energy sources to calculate the baseline emissions, energy consumed by the mini-grid customers as well as different mini-grid generating sources including hybrid mini-grids.
09 Jun 2021
28 Jan 2021
14 Dec 2020
21 Oct 2020