What are the Growth Imperatives for Portable Power Solutions in African Region?
Jun 21, 2022 | Technology |
There has never been a more imperative opportunity to resolve universal access to power to foster economic growth and social and economic inclusion for all people across Africa. To provide adequate access, countries in West and Central Africa must therefore enhance national utilities, green their power-producing facilities, and traverse national boundaries by connecting national grids to other continent-wide systems.
Furthermore, to improve the deployment of portable power solutions, electrification projects must be entrusted to the private sector. This is particularly true in the case of solar energy with battery storage. Off-grid and mini-grid solar power systems, in particular, have shown to be more reliable in offering inexpensive contemporary electrical services. Finally, a regional agreement among political leaders to attract high-quality investments via synergy would aid in the adoption of portable power solutions for the long-term future.
According to the World Bank, the Economic Community of West African States (ECOWAS) ambitious cross-border energy grid connectivity project series has the potential to increase electricity consumption by more than doubling, from 8% to 17% by 2030. Additionally, it has the potential to reduce lifespan expenses by roughly 10%. As a result, this initiative would greatly improve the chances for portable power solutions.
Read our in-depth analysis what is the roadmap for Portable Power Solutions in African Region: https://www.esi-africa.com/industry-sectors/energy-efficiency/the-ground-realities-of-portable-power-solutions-in-africa/
- eSIM Subscription Market
- FWA Subscription
- Homeland Security Market
- Smart Pest Monitoring Management System Market
- Talent as a Service Market
- Managed Blockchain Services Market
- Edge AI Market
- Observability Platform Market
- Design Collaboration Software Market
- HR Tech Market
- Enterprise-Grade DLT Market
- Media Editing App Market
- Short-Term Rental Platform Market
- Vacation Rental Website Market
- Control Towers Market