many energy and technology companies have not incorporate solar energy development to get more from the African,Caribbean consumption market despite high sunlight abundance .why
Dear George, it is very interesting question, there are many barriers and difficulties face the application of the renewable energy in the developing countries, we have investigated these points in our two papers, you can find some of the answers you are looking for:
https://www.researchgate.net/publication/283722527_The_Chances_and_Challenges_for_Renewable_Energy_in_Libya
https://www.researchgate.net/publication/281847913_The_Renewable_Energy_in_Libya_Present_Difficulties_and_Remedies
I hope this will help you.
Best Regards
Ashraf
I think this is mainly due to the fact that investors are looking to invest in business that brings them the best profit. Although the potential is highest for a certain component of the renewable energy sector, state policies and subsidies may favor other sub-domains. This makes investors' interest be low. Another impediment is the cost of technology, low subsidies and costly technologies are barriers to fast covering the investment cost and developing investments in a certain direction where the resource potential is high.
Dear Mr George,
My opinion towards adaptation failure of solar energy in developing countries is due to unawareness among the stockholders/consumers and lack of interest of govt. policies. Though Dr Carmeen and Mr Khalil have rightly pointed out the barriers. In developing countries people mostly live below the poverty line and they are unable to purchase unsubsidized solar panels which can replace the conventional energy supply. There is an other thing I experience that sunlight is present only in day time, so you need to have extra storage system to store energy, if we think it in real ideal scenario.
I am really surprised people specially in south part of Asia are thinking that, rise of temperature is caused by the use of solar energy panels. So in my opinion these may be the factors.
Thanks,
Asim Ali
I only would like to point about an experience from Bolivia. While many countries are running behind solar and eolical energy, in Bolivia we are still running behind fossil energy sources, as govenmental policy. But, why? I would like to go deep following the hypothesis that fossil energy (oil) companies have a large influence over undeveloped countries than clean energy companies. In Bolivia there are oil companies from USA, Rusia, France, Venezuela, Brasil, even from United Arab Emirates. But I haven't heard about a clean energy company by the moment, intended to invest in solar or eolic energy.
Dear George, an obvious (and maybe scandalous) answer is that some don't need and want this electrical power ; so the strange-lazy response of the political system that may (sometimes) reveal some (real) preferences ; JP.
The main reasons are credit, regulation and ignorance. Many developing countries cannot afford - do not have credit - to support the repayment of the needed investment. This also leads to a higher cost of capital any many investors do not like developing country risk.. Regulation still favors incumbent, often state-owned monopoly utilities, and regulation has been built around a large central generating plant - hub and spoke - generating and distribution model, rather than distributed generation and microgrids. Finally, many countries do not understand the cost improvements and emerging finance models. But there is hope - see the paper that I wrote for the last COP for Christian Aid.
https://www.christianaid.org.uk/resources/about-us/virtuous-circle-scaling-investment-low-carbon-energy
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