The biggest economies in Sub-Sahara Africa have well-established industrial sectors. However, most of them face challenges in terms of further growth due to unreliable or expensive grid-supplied electricity.
In Ghana, Kenya, Nigeria and South Africa, expansion of their national industrial sector is hindered by shortage of power, high-energy costs and lack of efficient transmission infrastructure. Accordingly, diesel-powered generators are widely used to back-up the grid or mitigate its fluctuations or as substitutes where there is no grid access. This in turn has a two-fold effect:
It increases the total cost spent on electricity for a firm, thereby reducing its profit margins
It generates greenhouse gas emissions that accelerates climate change and causes pollution and health problems.
Raise awareness within public and private stakeholders in understanding best practices & uptake potential
Develop viable business models, financial tools & case studies
Implement one pilot project in each target country along with technical assistance support
Captive renewable energy installations alleviate the pressure of electricity generation from national grids and reduce industrial clients’ needs to rely on private supplementary fossil-fueled generators, which are expensive to run.