Solar Power Controversy: How to Utilise Alternative Energies

Solar Power

It is evident that the 21st century portrays a mission for sustainable, renewable and alternative energies. Solar power is one of the most advanced forms of clean energy that current technologies have to offer, it is a source of energy that is beginning to be used more widely across the globe. Solar power energy, harnessed by technologies such as solar panels, is most optimised in countries that provide the most sun. This gives the continent of Africa a significant outlet to harness renewable energies. Countries such as Egypt, Sudan, Chad and Niger are all witnessing an average of over 10 hours of sun per day. So why hasn’t Africa managed to utilise their ideal climate to produce sustainable energy?

Solar Power Potentials
There are approximately 600 million Africans who live without electricity and those that have access experience power shortages and high prices. If this continent was able to utilise solar power technologies it could transform it in many areas. Socially, more citizens will have access to electricity which will in turn bolster their economy, providing more opportunities for the people of Africa. Additionally, diversifying the economy with solar power energy will provide stability and economic growth for Africa. Having a strong focus on renewable energies also provides a more sustainable environment, a healthier environment that will be organically sustained for the future. Current means of energy through fossil fuels are simply redundant, polluting and inevitably coming to an end, countries need to take the right initiatives for a sustainable future.

Although, as a whole, Africa poses as a continent that lacks availability to constant electricity, there are a few countries that show the possibilities of alternative energies.
For example, Morocco is an iconic country, paving the way forward with solar power technology, not only for other African countries, but for all. The Moroccan government is pushing to generate over 50% of its electricity, through only renewable energy, by 2030. To enforce this, they are pending the completion of the world’s largest solar plant, through the construction of Noor Ouarzazate. This significant solar power station has already undergone many installations and is still growing. Since 2013 this project has grown and achieved incredible results.

The Roadblocks
However, for many parts of Africa, it is not that simple. The production requirements for solar power plantations aren’t something that grows overnight. It requires a substantial amount of funding and investments to ensure the projects can develop in a robust manner. African governments invested a mere $12 billion annually, towards the power sector. In order to enact sustainable methods, much larger investments are required. By 2040, approximately $63 billion will be needed to be invested in the power sector.

Alternatively, weak infrastructure that currently exists in many African countries, including those nations with traditionally stronger economies, plays a part in the scepticism against adapting renewable energy. Businesses are continuously disrupted due to Africa’s power generating capacity, causing rationing, shortages and blackouts. Infrastructural issues in Africa hinder opportunities to diversify their energy.

Steps in the right direction
Although a big proportion of Africa poses as a harsh economic landscape to introduce solar power energy, more nations are becoming aware and making the right movements towards a more sustainable future. North Africa in particular portrays a region that has adopted solar energy and it is setting an example to the rest of the continent.

Moreover, national governments are attempting to tackle the issues with scaling up these initiatives through offering more reasonable payment solutions. Pay-as-you-go solar solutions have become a success throughout the continent, providing a financially healthier framework to build upon.

African Business
Are you considering doing business in Africa? Cedar Rose has an extensive amount of data on companies and individuals within the region; we offer award-winning business credit reports, in-depth due diligence investigations and other services that may assist you in working within Africa.

Visit www.cedar-rose.com today for more information.

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Written By Jack Evangelides, Marketing Assistant

*** The sole purpose of the article above is to generate public discussion, it has no intention to constitute legal advice. ***

Adapt, Overcome and Diversify – The Oman Way

Adapt - Oman

The Middle East and North Africa (MENA), collectively, have embarked on a mission to diversify their sources of energy. From solar power initiatives in Egypt and the UAE to windfarms in Oman, the MENA region is expanding their sources of energy in an eco-friendly manner. Each entity that makes up the MENA region has had to adapt to these newer forms of energy, spreading a major influence across the nations. The Gulf Cooperation Council (GCC) has envisaged a region that draws much of its energy from renewable sources. Many nations in the MENA region have implemented visions of greener energy and Oman is the next country in the limelight with their current ongoing implementation of a windfarm in the Dhofar Governorate.

Adapt
Oman has adapted to an ever-growing demand, to diversify their energy sources, and is expecting to complete the windfarm project by Q3 2019. This initiative will be the GCC’s first utility-scale windfarm with expectations of generating electricity to supply around 16,000 homes. The Dhofar Governorate presents itself as a suitable region for the implementation of the wind turbines. However, due to the harsh weather conditions, the wind turbines needed to be tailor made by GE Renewable Energy, in order to withstand intense heat and arid desert conditions. Nonetheless, the Dhofar project is one of many ideas to harness renewable energy in Oman.

The entire project is funded by the Abu Dhabi Fund for Development (ADFD) which reinforces Oman’s commitment to amplifying their energy sources. As stated, an estimate of 16,000 homes will be supplied with clean renewable energy; however, this is not the only significant factor. In addition to transferring cleaner energy across Oman, the nation is also offsetting an average of 11,000 tonnes of carbon dioxide emissions, annually. This alone is an incredible feat and a sign of a modernising and forward-thinking society. The world, in the last decade, has turned its head towards cleaner energy and greener solutions to replace the redundant ones currently in use. The Gulf region already suffers with extreme heat and humidity and relies on air conditioning to sustain comfortable living during most of the year. Governments and organisations in the region have proven to be very supportive of new initiatives and have implemented many techniques to provide more sustainable living.

“Supporting the diversification of Oman’s energy mix and economy is our top priority, in line with Oman’s sustainability goals, which aims to generate 10 percent of its electricity from renewable sources by 2025.” – Saleh Al Rumhi, CEO of Tanweer. 

Is Oman the next step for you?
Oman has proved that it can adapt, overcome and diversify to newer means of energy. Eradicating their reliance on traditional forms of energy has superseded future support to transform the nation entirely. This is upheld by the overriding vision which aims to generate 10% of electricity from renewable resources by 2025. The onset of these initiatives is generating an exciting, forward-thinking and ambitious nation that may prove to be pivotal in the upcoming years.

With Cedar Rose, you can navigate, instigate and operate within Oman. Being the leading industry experts for the MENA region, Cedar Rose has compiled sourced and relevant data on Oman that may help your company’s next move. Cedar Rose has been active in this region for over 20 years, in which we have gained a network of resources at our disposal, to provide quality data for others to use. By ordering a due diligence investigation we will be able to conduct an in-depth investigation of your potential business partner, customer/supplier or conduct research for investment motives. Cedar Rose’s due diligence teams consist of experienced and professional individuals, fluent in Arabic, French and English who can conduct meticulous research for your peace of mind. Our data is globally trusted, reliable and detailed. To find out more, go to https://www.cedar-rose.com/solutions/investigative-due-diligence or email orders@cedar-rose.com for a full quotation.

If you enjoyed our article on Oman, make sure you check out our other articles as other countries adapt towards clean energy here.

Written By Jack Evangelides, Marketing Assistant

Sourced Image: Pixabay

*** The sole purpose of the article above is to generate public discussion, it has no intention to constitute legal advice. ***

ClearVue Technologies to make a Positive Statement in the Middle East

ClearVue Energy - Cedar Rose

The Middle East is progressing into a region of clean and renewable energy. The concern for a healthier environment and, consequently, a healthier planet, is refreshing to witness. ClearVue, an Australian public listed company, is one of the companies that is providing a cleaner industry within the region. Through their ground breaking product, photo-voltaic solar panels, ClearVue aspire to provide smart-building-material to the heights of the Middle East. Their patented technology allows visible light to pass through a pane of glass, while the invisible wavelengths of light are deflected to the edges of the glass where they are converted into electricity. This offers a huge market potential for the visionary company and can benefit the region for years to come. Newer technologies and innovations are constantly being developed and ClearVue have perfectly designed their product to suit the sunny landscapes of the Middle East and North Africa (MENA) region.

A Global Turning Point
The world has, arguably, formed a global consensus concerning the issue of the environment. There is a strong desire for cleaner sources of energy, renewable energies and healthier means of industrial operations. ClearVue is one of many companies that have taken the initiative to focus their processes on developing technologies to benefit the environment. What better place to implement these new initiatives than the Middle East, a vast region of scorching heat to fuel their technology.

Currently, ClearVue is expected to formalise a distribution license and have a formal deal in writing within two months. The company has currently signed a memorandum of understanding (MoU) with UAE based Grasfol General Trading in order to attain exclusive distribution rights within the UAE, Kuwait, Bahrain and Qatar. Additionally, the deal also includes non-exclusive distribution rights in Saudi Arabia. ClearVue has portrayed its vision and product effectiveness throughout the US and European markets, now it is taking the Middle East by storm.

“This MoU represents a great opportunity for ClearVue to break into the Middle Eastern region,” – Victor Rosenberg, executive chairman of ClearVue Technologies.

This aesthetically efficient product has paved the way forward for future initiatives concerning cleaner forms of energy. Already planning for the long-term, the companies envisage using the glass to become a virtual power supplier in the region. The room for growth amongst this ideology is potentially limitless.

A Real Niche
ClearVue have hit the nail on the head, so to speak, with the market that they are moving in to. Although exporting to new markets will always involve an element of risk, Cedar Rose can help navigate companies safely through the Middle East. With over 20 years’ experience providing Credit reports, Monitoring and Due Diligence in the region; we know the ins and outs that can save your business time and money.

To find out more, contact orders@cedar-rose.com.

Read up on other companies that are benefiting the environment here.

Written By Jack Evangelides, Marketing Assistant

Sourced Image: Phys

*** The sole purpose of the article above is to generate public discussion, it has no intention to constitute legal advice. ***

Green Initiatives: Enarry’s Clean Energy Expansion in MENA

Green Energy - Cedar Rose

One of the world’s leading solar panel enthusiasts is guiding the Middle East and North Africa (MENA) towards a cleaner future. MENA is going ‘green’ with Enarry’s expansion into the region via their solar panel ideology. The company laid its initial foundations in Jordan, attempting to provide a cleaner energy source and, at the same time, reduce Jordan’s dependence on foreign energy imports. Utility-scale solar farms have essentially been the ‘bread and butter’ of the company, the constructions and designs are advanced, environmentally friendly and are spreading globally. Enarry’s influence has spread to Egypt, expanding on Benban’s solar park, and their expertise is undergoing plans to build solar plants in Tunisia and beyond.

 Go Green & Get Clean
The MENA region provides a more than ideal landscape for solar panel initiatives. Factors such as large land mass, sunny weather conditions and traditional energy ideologies provide the foundations for Enarry’s expansion. The region has historically shown great aptitude for energy production. Countries such as the UAE and Saudi Arabia are among the world’s largest oil and gas producers. Yet, with a rising demand for energy and a global motivation to move away from fossil fuels, green initiatives have sparked across MENA. The region could boost its economy as a whole, through the exports of oil while relying on using renewable energies at home, which show costs at an exponentially lower rate. MENA provides an ideal platform for Enarry to enact business throughout, with plans already laid in the pipeline, it will be no surprise to see many more projects enacted in the coming years. Other companies have also seen the potential of the Middle East region in opting for green solutions. For example, Shams Dubai has already put in place solar panel projects which account for the ultimate goal of sourcing 75% of the UAE’s energy from clean energy sources by 2050.

MENA’s industry for power provides the perfect platform for further initiatives, as of September 2018 the total value for power projects was estimated to be worth $6.2 billion. The region strongly believes in diversifying its power generation mix. The abundance of solar, wind and nuclear power generates strong optimism for renewable energy projects in MENA. Furthermore, the capacity of investments from a multitude of companies throughout the region highlights the positive implications that the going ‘green’ initiative holds. However, it is vital to, before charging into this region, understand each individual country, how it operates and, therefore, how your company can get involved. Simply, you must do your due diligence.

 The Importance of Due Diligence
It would be naïve to assume you can conduct business anywhere, and on such a large scale, without first understanding the business and political environment. The MENA region is of no exception, an area that is subject to much controversy, it is pivotal that you know the region that you wish to conduct business in. Due diligence is necessary for the safety of your company, for your reputation and for you to truly reap the rewards. So what can you do?

Here at Cedar Rose, we provide expert business intelligence, specifically for the MENA region. We have over 20 years of experience and we hold a multitude of resources that ensure the proper conduction of business. Our services provide valuable insights into the companies of the Middle East, North Africa and beyond, and the owners, shareholders and directors behind them. From our due diligence researchers and analysts, to our ground agents in the region, we have the ability to find out what you need to know through investigative means. For example, an all-encompassing Enhanced Due Diligence Report may provide you with the sufficient information to conduct business, and enhance your company’s operations within MENA whilst mitigating risks.

Contact us today to find out more about our due diligence services.

Check out our latest article on Credit Management Automation here.

Written By Jack Evangelides, Marketing Assistant

Sourced Image: Pixabay

*** The sole purpose of the article above is to generate public discussion, it has no intention to constitute legal advice. ***