The latest open call from Powering Renewable Energy Opportunities (PREO) is offering grant funding up to £200,000 per project, to support productive use of renewable energy (PURE) enterprises to demonstrate and strengthen their business models to scale their impact in Pacific Island Countries.
The webinar will be delivered by members of the Carbon Trust PREO programme management team. It will include an overview of the PREO programme and the application process, providing key information and addressing FAQs. Attendees will have the opportunity to ask the hosts questions relating to the call.
Applications for projects to be delivered in any of the following countries: Fiji, Papua New Guinea, Samoa, Solomon Islands, Tonga, Vanuatu, will be considered for selection to receive grant funding between £50,000 – £200,000. To be eligible, projects must be locally-relevant, addressing demonstrated needs of the population in the target country. They must also be targeting the commercial viability of a productive use of renewable energy (PURE) product and/or service – encompassing for example agricultural, commercial and industrial activities that generate income and are powered by renewable energy.
The open call marks the first expansion of Powering Renewable Energy Opportunities (PREO) beyond sub-Saharan Africa, widening its focus to include Pacific Island Countries-focused projects, with the support of UK aid through the Transforming Energy Access (TEA) platform.
PREO’s mission is to support enterprises harnessing renewable energy to improve incomes, build climate resilience and reduce reliance on fossil fuels. Since 2019, PREO has been supported by the IKEA Foundation and UK aid via the Transforming Energy Access platform and delivered by the Carbon Trust and Mercy Corps Energy 4 Impact.
