Private Sector Needed for African Renewable Energy Investment

Researched by Industrial Info Resources (Sugar Land, Texas)--The private sector will have to play a decisive role for renewable energy investment in Africa. One of the biggest issues is the continent's aging infrastructure, which is plaguing the entire energy value chain. Increasing private sector investment will not only help in providing energy access to all, but also in making it more reliable and affordable. With the implementation of the right policies and investments, Africa can also play an important role in the energy transition process by meeting its energy demand from clean and low carbon technologies.

Industrial Info is tracking more than $276.4 billion in renewable energy projects in Africa, including a 5-gigawatt hydropower station in Ethiopia. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for related reports.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.