Removing Barriers to Wind Power Development in Belarus
What is the project about
The project supports removal of barriers to the adoption of wind energy in Belarus pragmatically.
Currently there are several ministries responsible for various aspects of renewable energy, but there is no single entity to take ownership of this effort. This project proposes to establish a financially viable Private company funded by an investment grant to facilitate investment into wind energy in Belarus by providing first loss capital and establishing market based empirical precedents. By the end of the project it is expected that the project will enable the development of sound Feed-in-Tariff and procedures to directly foster >25 MW of installed wind capacity during the 5-year program and the generation of over 1 million MWh of renewable energy over the project.