CAPE TOWN, South Africa -
Growing government support in the form of production subsidies and the increasing liberalisation of electricity sectors is boosting the renewable energy industry in Africa. The announcement of renewable energy feed-in-tariffs in South Africa and Kenya are an indication of more favourable green energy policies in the region.
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“Green energy markets in sub-Saharan Africa are still in their infancy and require significant public and private financing support and rapid technology diffusion,” says Frost & Sullivan energy analyst Sipha Ndawonde. “However, changing government perception in favour of green energy is adding impetus to market development. Increasingly, green energy projects are viewed as an effective tool to increase the levels of energy security in both off-grid and grid connected applications.”
To offer decision makers a comprehensive overview of the potential of renewable energy markets in sub-Saharan Africa, Frost & Sullivan will be hosting an online analyst briefing on Thursday 8 October at 2:00 pm BST/ 3:00 pm CAT.
The briefing will highlight the key developments and trends in green energy markets in the region, with a special focus on the key market drivers and restraints. These will be ranked in order of impact.
“Global investments into green energies are largely focused on established markets, but there is a growing trend towards investigating opportunities in emerging countries,” Ndawonde notes. “Little or no attention has been paid to the opportunities on the African continent, but more favourable government support, increasing unmet demand for electricity and low electrification rates are the key reasons why green energy investors should include the continent as a high potential growth opportunity.”
To participate in this briefing, please email Patrick Cairns at patrick.cairns@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, company website and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit www.frost.com.
Contact: Patrick Cairns Corporate Communications T: +27-18-468-2315 E: patrick.cairns@frost.com www.frost.com
Source: Frost & Sullivan
Patrick Cairns, Corporate Communications of Frost & Sullivan, +27-18-468-2315, patrick.cairns at frost.com. Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO
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