Solar emerges as an alternative to Nigeria’s unreliable grid {Business Africa}
Speaking to Business Africa, Connor Shine, Director at Delphos, discussed whether commercial solar can now compete with generators, how the deal manages currency risk, and whether the model could be replicated across other African markets.
Shine explained how Delphos structured its financing to manage these currency risks in the PowerGen deal, raising a broader question: could similar financing models help accelerate decentralized energy investment in other African markets?
Managing currency risk Currency volatility is one of the major challenges facing clean-energy investment across Africa.
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