Mediterranean Solar Plan – Project Preparation Initiative (MSP-PPI)
- Release date: 19 June 2012
The Mediterranean Solar Plan Project Preparation Initiative (MSP-PPI) aims to accelerate the implementation of renewable energy and energy efficiency projects in 7 Mediterranean partner countries: Algeria, Egypt, Gaza/West Bank, Jordan, Lebanon, Morocco and Tunisia.
This is an initiative of the European Investment Bank (EIB), together with the European Commission, AFD, KfW, AECID, EBRD and the Union for the Mediterranean. It is financed by the EU-funded Neighbourhood Investment Facility which is managed by the European Commission.
The MSP-PPI will help the implementation and financing of projects designed to fulfil the Mediterranean Solar Plan. Areas addressed include renewable energy, energy efficiency as well as grid connection.