Factor becomes a member of the Alliance for Rural Electrification (ARE)
29 November 2017 | Mitigation
Factor becomes a member of the Alliance for Rural Electrification (AER), an entity of reference and of recognized prestige in the energy sector, which aims to improve regional socioeconomic development and quality of life of people with the provision of electricity.
Access to energy is a prerequisite for human development. With 1.1 billion people worldwide without access to electricity and energy services, and with an additional one billion with low access to it, the potential of the market is very attractive from a business perspective and unacceptable from a humanitarian point of view.
Factor Energy has provided training in auction systems for isolated mini-grids in the Philippines, Madagascar and Mali. In addition, last July, it conducted training on energy access policies and programs for 14 of the 15 rural electrification agencies in the countries of West Africa. It provides support to the German Cooperation Agency (GIZ) in the concretization of the work program of the Renewable Energy Initiative for Africa (AREI).
With this membership, Factor commits to the consolidation of an energy transition towards a low carbon economy, through a greater monitoring of trends in accessibility to energy in developing countries and support for the promotion of strategic alliances in this regard.
ARE was founded in 2006 as a solution provider to advance access to clean energy and energy services in developing and emerging countries, fostering economic growth and business development in a sustainable manner.
The Alliance works hand in hand with the United Nations Sustainable Energy for All Initiative (SEforALL) and collaborates with governments and international organizations to provide efficient and cost-effective clean energy solutions in the world in rural development.
Some of the actions carried out by ARE:
- Provide key policy, technical and financial recommendations for rural energy development.
- Share good practices to facilitate the development of commercially viable projects in this regard.
- Close existing communication and function gaps between the public and private sectors, to promote the use of clean energy.
If you want more information or advice on our energy services, do not hesitate to contact us: