Africa is taking bold steps toward smart and sustainable power infrastructures even in the middle of pressing issues like food and water, according to a report from Zpryme.
The report says several multinational companies see great potential for smart grid in Africa. The likes of Siemens, G.E., and Chevron have made investments in the continent where several countries have an “inadequate, stagnant and unreliable electricity infrastructure.”
“Africa is a huge powerhouse for solar energy, geothermal energy and hydro-electric energy,” the report said.
They cited a report from Smart Grid News, saying Zambia has the potential market for “build, own and operate” or “build, own and transfer” energy storage systems by having 20 percent of all of its electricity coming from small generators.