Storage presents African utilities with opportunities to rekindle investor appeal

World News: . []

The advent of renewable energy and new storage technologies presents Africa’s utilities with an opportunity to increase capacity and efficiency, while rekindling their appeal to investors, Standard Bank said on Wednesday. Despite a “clear and rapid” evolution in Africa’s energy and energy infrastructure landscape over the last decade, much of this new technology has challenged the traditional dominance and relevance of the continent’s utilities.

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