Renewable Energy in Sub-Saharan Africa

According to this article, a recent report from the IEA explains that increasing access to modern forms of energy is crucial to unlocking faster economic and social development in Sub-Saharan Africa, with more than adequate resources available for this purpose — solar, wind, hydro, biofuels, and in some areas geothermal and waste-to-energy.

Funding is also available for projects of any stage using proven technologies when they are well organized and backed by experienced and qualified teams.

“A better functioning energy sector is vital to ensuring that the citizens of sub-Saharan Africa can fulfill their aspirations,” said IEA Executive Director Maria van der Hoeven.

If you have such a project, go here.  When working in countries with a low credit rating (typically at least BBB- or above), Political Risk Insurance can be readily obtained, or other credit enhancements, to protect equity investments and lenders’ interests.

Got one or more renewables projects in Sub-Saharan Africa?  We’d like to know more.
Daniel