Higher Energy Costs Driving Solar Solutions in West Africa

Accra 17th March 2012

Fuel prices for business and household electricity generation have noticeably increased all across West Africa in the last few months, electricity take off and the booming minerals industry is creating exceptional energy demand in West Africa; power cuts and outages are all too frequent as the local networks get regularly over loaded.

Several million businesses and households are at risk daily from power outages, they rely on generation sets and while the system resets and the network demand calms down. In Accra Ghana for example outages can last from a few minutes to several hours, in the Ivory Coast SOLIDEA Group is looking at renewable energy solutions for a range of critical service providers who inevitably become solely dependent on the back up generators for a significant part of their working day.

Rooftop and field solar is now seen as both a quick fix and in the long run a way to reduce these outages as surplus energy goes onto the net, reducing the strain at peak time.

All SOLIDEA Group West African representatives have predicted a higher sales and a strong market position emerging in sub Saharan Africa and SOLIDEA need to commit more resources to develop this market than North West Europe over the next few years.

Since field PV costs were driven below 0.80c/Watt Euro at the beginning of 2012 and investors can see the steady rate of price decline more and larger projects are coming to fruition.

SOLIDEA Group policy to joint ventures local investors and field developers is paying off SOLIDEA Group is engaged in “Project Manufacturing” an open book method of manufacturing that is working  well and welcome in West Africa. Investors can see the costs and share discounts as time moves on.  We are working very hard with PowerCan® 200  and Solar says Steve Walker

There is much biomass production activity in West Africa its being exported all over the world and with great success; demonstrating biomass availability and abundance is no longer a worry in West Africa today its no longer a risk for financing a project according to Martin.

 

 

About Steve

Over 20 years in Real Estate and Energy Project Development
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