Floating Instream Tidal and Solar (FITS) Power Plant - Nepal Pilot Project
Project disclaimer
Description
Harvesting hydrokinetic energy from running river water presents a highly attractive addition to the existing renewable energy sectors. Critically, and unlike most other renewables, this technology guarantees a predictable and consistent energy output which can contribute to the baseload power requirements of its energy off-takers. AEL has developed an innovative hybrid technology which couples run-of-river hydrokinetic generation with solar - the Floating Instream Tidal and Solar (FITS) power plant. FITS technology has been specifically optimized for river deployments, and is scalable to enable both energy access and utility scale power generation. This project will deliver the first fully developed FITS pilot, supplying constant renewable power to an off-grid community in rural Nepal. The electricity supplied will be used to provide lighting and cooking facilities to households in the community, and will additionally power water filtration and pumping equipment, providing access to clean water for drinking and water for agricultural industry.
Objectives
This activity is funded under the Energy catalyst programme. The Energy Catalyst programme supports innovative businesses and organisations to find new commercial solutions that help provide clean, affordable and secure energy in sub-Saharan Africa, South and South East Asia. It will support highly innovative, market-focused energy solutions in any technology or sector. They must be targeted at people, public services and local enterprises who are unable to afford or access existing solutions, or who lack the the time or expertise to successfully use those solutions. Grant funding will be provided to support businesses to undertake research, development and innovation activity on innovative products or services, business models and processes. Incubation support will also be provided to help some of the businesses to take their innovations to market faster, as well as further support to enable access to investors and customers and maximise the potential created.
Location
The country, countries or regions that benefit from this Programme.
Status Implementation
The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.
Programme Spend
Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.
Participating Organisation(s)
Help with participating organisations
Accountable:Organisation responsible for oversight of the activity
Extending: Organisation that manages the budget on behalf of the funding organisation.
Funding: Organisation which provides funds.
Implementing: Organisations implementing the activity.
- Accountable
- Extending
- Funding
- Implementing
Sectors
Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.
Budget
A comparison across financial years of forecast budget and spend to date on the Programme.
Download IATI Data for GB-GOV-26-ISPF-IUK-2BC54TT-4PCSDLJ-UBD75FN