/21st July 2020, Alliance for Rural Electrification (ARE), RENEWABLE MARKET WATCHTM/ In light of the transitory global situation with COVID-19 and the precautionary measures implemented by the Zambia Ministry of Health to quarantine all international travellers for 14 days, ARE has decided to postpone the 6th ARE Energy Access Investment Forum to 17-18 March 2021. EAIF is a well-established political exchange and business event organised by ARE with local and regional partners – aimed at assisting the private and public sector to get up to speed on the latest developments in the off-grid sector and do business. The ARE Forum is supported by our long-standing partner GET.invest, a European programme that mobilises renewable energy investments.
The Forum will feature a GET.invest Business-to-Business (B2B) Matchmaking Session. The session will provide participants with an opportunity to connect with potential business partners, public and private investors and policymakers in a series of select personal meetings.
The Forum offers the opportunity:
1) for companies to showcase their innovative off-grid solutions, products and services to investors and partners at our exhibition;
2) for key public sector players to present their upcoming funding and de-risking programmes and policy initiatives;
3) to find your business partners and advance your projects through the B2B matchmaking session;
$) to discuss major sector trends and topics in the off-grid energy markets in Africa, where 95% of the rural population have no access to modern energy services; and
5) to add your experience and proposals to the international dialogue for cooperation.
Zambia has 2,800 MW of installed electricity generation capacity, of which 85% is hydro based. National access to electricity averages at 31% with 67% of the urban and 4% of the rural population having access to power. In 1996, the Government of Zambia set a goal for universal electricity access for all Zambians by 2030. Energy has been identified as an important driving force behind economic development in Zambia, and the government has declared its commitment to developing and maintaining energy infrastructure and services. Although there are pockets of private-sector activity in a generation, transmission, and distribution, the vast majority of power in Zambia is operated by ZESCO Limited, the vertically integrated state-owned utility.
The world changed drastically in the opening months of 2020, with the COVID-19 pandemic forcing much of the world into lockdown. Now, as we move towards the new, post-COVID normality, renewable power generation must form a key part of global economic stimulus measures. Post-pandemic stimulus packages would be greatly enhanced by these clean, easily scalable, cost-effective energy solutions. The rural electrification can save money for consumers, pique the appetites of investors, and create numerous high-quality new jobs. Renewables, meanwhile, align recovery measures with climate resilience, sustainable development, and another medium- and long-term policy goals. Cutting carbon dioxide (CO2) emissions in line with the Paris Agreement remains as crucial as ever in the wake of COVID-19, while also offering tremendous potential to put millions of people back to work.
The more information about the global renewable power market in including full contact details of renewable project owners and developers you may read here: COVID-19 Impact on the Global Renewable Energy Market Report 2020 ÷ 2025
To download the executive summary brochure with sample pages, please access from here: COVID-19 Impact on the Global Renewable Energy Market Report 2020 ÷ 2025 – Sample
The more information about the Sixth Energy Access Investment Forum of the Alliance for Rural Electrification you may read here: 6th ARE Energy Access Investment Forum
For a better understanding of the benefits of using our reports, you may read here: Benefit List – Reports of Renewable Market Watch – 2020
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