News June 20, 2024

20 Years of Impact – Launch of the REEEP Annual Report

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Since our founding in 2002, REEEP has been a driving force in the global clean energy transition by accelerating the deployment of reliable and affordable clean energy solutions in low- and middle-income countries. We mobilise financing to build dynamic, sustainable markets and ultimately make clean energy technology accessible and affordable for peri-urban and rural populations, down to the very last mile.

''Reaching these goals wouldn’t be possible without organisations like REEEP, which we have supported since 2003, as part of our commitment to combating climate change. For twenty years, REEEP has played an important and independent role, together with Austria, to facilitate change in the developing world and catalyse long-lasting market development.”

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Leonore Gewessler
Company: Federal Minister
Position: Climate Action, Environment, Energy, Mobility, Innovation and Technology of Austria.

To celebrate REEEP’s 20th anniversary, we have published our fully interactive Annual Report 2022, showcasing highlights and achievements over the years, our past and current projects and programmes, and our vision for building a low-carbon sustainable future with universal access to clean, reliable, and affordable energy.

We are very proud of what we have achieved in the past 20 years of filling financing and knowledge gaps and driving private sector investment through a combination of financial instruments, capacity building, facilitation of stakeholder cooperation and technical assistance, enabling frontier markets to thrive. This is possible through our current programmes, the Beyond the Grid Fund for Africa and the Private Financing Advisory Network (PFAN), REEEP’s two large-scale programmes where we are a co-host and implementation partner, as well as the Austria-Nepal Blended Finance Facility and the Southern African Renewable Energy Investment and Growth Programme (SOARING).

Over the years, REEEP has offered support to over 200 projects in 56 countries across 10 funding calls. “The growth of individual SMEs through our programmes is just one element of REEEP’s greater mission of transformational development, building up local energy markets which continue to flourish long after our involvement is over,” says Martijn Wilder, Chairman of The Governing Board. On the knowledge management side, REEEP was an early adopter of open data and our clean energy portal reegle had 220,000 monthly users at its peak.

Reflecting on REEEP’s unique strengths, in combination with extensive on-the-ground experience and expertise of our small team, we are proud of REEEP’s ability to identify market needs and develop and implement programmes to build up and strengthen local markets that, once proven, can be scaled up and replicated in multiple markets. For example, the Ashden and UN Global Climate Action award-winning Beyond the Grid Fund for Zambia was designed and implemented by REEEP and Sweden with the aim to connect one million Zambians to affordable, reliable energy access. The programme has now been expanded into the Beyond the Grid Fund for Africa (BGFA), which aims to bring affordable energy access to 6.5 million people in six sub-Saharan African countries by 2028.

“We are proud to have reached this significant milestone on our twenty-year path as trailblazers, developing clean energy markets for the benefit of the most vulnerable populations. REEEP doesn’t stop here – we will take the lessons learned through practice, build on those foundations and invent the next developments''

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Eva Kelly
Company: REEEP
Position: CEO

It is clear that REEEP still has a crucial role over the next 20 years. We are preparing the stage to launch REEEP’s 11th Programme Call in 2023, which will cover productive use of energy (PURE) in agri-food value chains: on-farm needs such as irrigation, as well as downstream storage (cooling) and processing solutions. We will build on previous work in this sector, focusing on specific markets and developing the opportunity to create a multi-country programme.

Download the PDF here.

20 Years of Impact - REEEP Annual Report

Explore our Interactive Annual Report to learn more about REEEP over the last 20 years and what’s coming next!

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