Awards and Distinctions
Small Island World Congress Award
In 2017 Cabeolica was attributed the first Smart Island World Congress award in the category of renewable energy during a ceremony held in Calviá, Spain.
This Smart Island World Congress focused on discussions regarding “the smart islands of the future”, and addressed topics such as energy efficiency and connectivity, social and urban development as well as economic growth.
With more than 1000 representatives from 75 islands around the world, this congress is an important landmark for reflection on future options for island nations.
Green Project Awards
The Green Project Awards were launched in Cabo Verde to distinguish 10 projects that stand out for being sustainable and for promoting best practices in the area of the environment.
Cabeolica won in the renewable energy category for being a company focused on the production of clean energy and for characterizing its entire project by respect for the environment and the surrounding community.
Cabeolica won the 2013 Ashden Award, the world’s leading distinction in the area of green energy.
Cabeolica won the award in the Small Island Developing States category. The award was given in a ceremony at the Royal Geographical Society in London.
Small island countries around the world face dependency on imported fossil fuel, with the high cost of raw materials being added to that of importing. The creation of wind farms in Cabo Verde has allowed the country to take advantage of the abundant wind from the Sahara and transform it into electricity, something that has been reflected in a significant reduction in diesel importation costs and a considerable increase in the country’s energy security.
Top PPP in Emerging Markets
Cabeolica was distinguished as one of the best public-private partnerships in Sub-Saharan Africa by the IFC (International Finance Corporation, a World Bank organization) and by Infrastructure Journal in their evaluation of the world’s best PPPs (public-private partnerships) in emerging markets.
In selecting the PPPs, the two entities assessed a wide range of criteria including resources, financial and technological innovation, the impact on countries’ structural development and the replicability of projects in other regions. What contributed toward Cabeolica being chosen as among the best projects in four different regions of the world was its success in implementing four wind farms with a total production of 61.6 million kWh in 2012.
Best Renewable Project in Africa Award
In 2011 Cabeolica won the Best Renewable Project in Africa Award at the Africa Energy Awards ceremony in Johannesburg.
The project was chosen for being the first commercial-scale public-private partnership for the construction and management of wind farms in Sub-Saharan Africa. Its importance in the reduction of Cabo Verde’s energy dependency was also highlighted as a significant contribution to the country’s sustainability and as an example to be followed in Africa.