{"id":5468,"date":"2017-12-29T13:05:54","date_gmt":"2017-12-29T20:05:54","guid":{"rendered":"http:\/\/nigerianews.ca\/?p=5468"},"modified":"2017-12-30T22:17:55","modified_gmt":"2017-12-31T05:17:55","slug":"nigeria-kick-start-10-billion-renewable-mini-grid-market-impact-investors","status":"publish","type":"post","link":"https:\/\/nigerianews.ca\/nigeria-kick-start-10-billion-renewable-mini-grid-market-impact-investors\/","title":{"rendered":"Nigeria kick start $10 billion renewable mini-grid market for impact investors"},"content":{"rendered":"
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Nigeria kick start $10 billion renewable mini-grid market for impact investors<\/p>\n
By Richard Branson\u00a0 @richardbranson<\/p>\n
28 December 2017: Energy access in Africa is close to my heart. Bringing clean, renewable power to people instead of building coal-fired power stations is absolutely essential if we are going to tackle climate change.<\/p>\n
https:\/\/wp.me\/p9lD0s-1qc<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
Despite great progress in recent years, still every night too much of Africa remains in darkness. But this is about so much more than simply having a source of light. Lack of power inhibits millions of small businesses and budding entrepreneurs in Africa, starving them of the ability to manufacture, even power a laptop.<\/p>\n
There\u2019s certainly no lack of solutions. For instance, my good friend Strive Masiyiwa launched Econet Solar in Zimbabwe to bring solar lamps to villagers who could pay via their smartphones.<\/p>\n
One bigger entrepreneurial energy solution that has so far under delivered on the promise of bringing energy to all has been mini-grid systems. Mini-grids are sets of electricity generators and possibly energy storage systems interconnected to a distribution network that supplies electricity to a group of customers. They can be charged using solar.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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