There are things only God can do. This is one of them. Grateful for this new stretch of the journey.
My testimonies are plenty. One day I will share in a thread.
All I have to say is thank you Jesus🙏🏾
Big conversations. Real questions. Powerful voices.
“From Oil Rigs to Solar Panels: Who Benefits and Who’s Paying for It?”
Come through as we break down the energy transition and what it truly means for our future.
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@thegreencaleb High Capex. However, these subsidies or grants are slow to come, and create vulnerabilities if the support is delayed or fall short.
Another major challenge is the unpredictable revenue streams from project as rural areas are poor to afford the tariff. PS: MG tariff tend to be
@thegreencaleb And interconnected MG
5. Major challenge with these MG and IMG is that on without grants and relying solely on the purchasing power of consumers, the model struggles
6. Mesh grid model could solve this major challenge through the reduction of the significant capex cost of MG and
@Im_plato@Gbe_nro@thegreencaleb critical question!
Unbundling the current financial streams presents a critical pathway toward scaling renewable energy efforts to the level required for meaningful impact.
@thegreencaleb Sharing some of my thoughts.
1. Africa’s electrification rate is c. 40%
2. AFDB estimates $30b annually to achieve universal access
3. Even though we have over 200 offgrid companies in Nigeria, we need upward of $9b for both mini grids and SHS
4. The current model is mini grid
@thegreencaleb Sharing some of my thoughts.
1. Africa’s electrification rate is c. 40%
2. AFDB estimates $30b annually to achieve universal access
3. Even though we have over 200 offgrid companies in Nigeria, we need upward of $9b for both mini grids and SHS
4. The current model is mini grid