Renewable energy can compete at market price in Africa, and the number of customers increase

januari 15, 2016  |   Blog   |    

The CEO of a renewable energy company, focusing on wind and solar power, discusses the situation in the growing (in economic terms) continent in the This is Africa article linked below. While, due to population growth, more people will be born into energy poverty during the decade to come, renewables in Africa can now be developed competitively without subsidy and by mobilizing resources from the private sector, since the cost of fossils is rising even at a time of weak global demand for the finite resource.