How Austrian companies can contribute to a sustainable energy supply.

More than 1 billion people have no access to electricity, around half of them live in sub-Saharan Africa. The lack of a clean, reliable and affordable energy supply, especially in rural areas, not only leads to the use of alternatives that are harmful to the climate and health, but also hinders social and economic development. As part of the global goals for sustainable development, 193 countries have committed to providing access to sustainable and modern energy for all worldwide.

Closing the energy gap leads to new market opportunities for companies offering solutions for solar systems and small hydropower plants or energy network management. However, these business opportunities face significant challenges such as bureaucratic hurdles or long refinancing periods. Due to the technical development of components, off-grid systems have also become economically attractive in recent years. For Nigeria, the most populous country in Africa, a recent market analysis has estimated the investment volume of the mini grid electricity sector at 10 billion dollars a year.

The corporAID Multilogue "Energy Solutions for Rural Africa" gave an insight into the African market for renewable energy and discussed the business models with which companies can contribute to a sustainable energy supply even in remote regions.

Keynote speech

Peter Bamkole | Director of the Enterprise Development Center in Lagos, Nigeria

discussion

Katrin Harvey | Senior Manager, Renewable Energy Partnership and Energy Efficiency REEEP
Bernhard Kodré | Division Manager Solar Hydro, Global Hydro Energy GmbH
Leo Schiefermüller | Managing Director, Terra Projects

Time & Place

Thursday, XNUMth of April 19, 16.30 to 18.30 clock
Reitersaal OeKB, Strauchgasse 3, 1010 Vienna

Documents for download

Photo: Mihai M. Mitrea