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Africa Small Hydropower Market: Focus on Environment with Renewables Projects in Full Swing, notes TMR

05-12-2017 01:56 PM CET | Energy & Environment

Press release from: TMR-Research Reports

Africa Small Hydropower Market: Focus on Environment with

The leaders in the Africa small hydropower market - ESKOM Holdings, Africa Infrastructure Investment Managers, and Siemens AG - have all held significant shares in terms of value for 2015, despite the governments owning the majority of the projects. The collective share of 34% in value by the above players can be related to the massive volume of the Africa small hydropower market held in government projects and regional players.

Obtain Report Details @: http://www.transparencymarketresearch.com/africa-small-hydropower-market.html

As stated in a research report published by Transparency Market Research, the overall competitive scenario within the Africa small hydropower market is likely to remain diverse over the coming years. The large number of service providers is expected to be beneficial to the market’s growth rate in general. At the same time, the overall degree of competition will be determined by the successful and appealing product differentiation brought out by players as well as the maintenance of high value brand identity by the leaders. The Africa small hydropower market is likely to remain a difficult egg to crack for new entrants due to the need to possess expensive proprietary technology. While small hydropower remains a solid source of renewable energy, the rate at which other technologies in renewables is advancing at a swift rate, increasing the threat received by the Africa small hydropower market from alternatives.

The African Small Hydropower market’s potential capacity was 9,752.9 MW in 2015 and is projected to reach 49,706.1 MW by 2024, after expanding at a CAGR of 19.2% from 2016 to 2024.

Low Environment Impact a High Plus for Africa Small Hydropower Market

When it comes to power generation, one of the greater concerns in the world today is the provision of greener energy. This impacts a region on multiple levels. Governments today are fully aware of the worsening effect that continued consumption of non-renewables is going to have on other natural resources as well as the integrity of soil, flora, and fauna. At the same time, renewable energy source present a sustainable and cheap source of energy, a factor of high value for a lot of countries, especially the ones with developing economies,” states a TMR analyst. The overall impact of this driver is already very high and is expected to climb higher over the coming years. Small hydropower projects especially hold a unique spot in renewables due to the fact that they cause little to no change in the flow of the water, increase its temperature, or deplete the oxygen level in the water.

Fill the form to gain deeper insights on this market @: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18839

Other factors also driving the Africa small hydropower market include the low cost associated with the overall generation of hydropower in the long run, as well as the lower capital required to setup small hydropower as compared to other renewables.

Low Access to Small Hydropower Tech Hinders Large-scale Implementation

A lot of regions in Africa are currently out of reach for a number of energy projects, due to their location or the overall lack of technology held by the nations. The Africa small hydropower market is affected by this as well, as the large-scale use of small hydropower becomes next to impossible due to the inaccessibility of relevant technologies to all regions. This is a consistent problem in mini, micro, and pico hydropower projects as well. Other factors diminishing the growth rate of the Africa small hydropower market include the low local capacities of a majority of regions and the absence of supportive infrastructure.

“Off-grid power generation is a highly sought-after and feasible alternative to solve the energy crisis in Africa. Several regions lack the necessary infrastructure needed to create power grids that include renewables on a large scale. However, the use of off-grid small hydropower installations can work in the favor of small areas and help meet their power requirement,” adds the analyst.

The information presented in this review is based on a Transparency Market Research report, titled, “Small Hydropower Market - Africa Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”

Key segments of the Africa Small Hydropower Market

Africa Small Hydropower Market: Country Analysis

Ghana
Nigeria
Tanzania
South Africa
Morocco
Zambia
Rest of Africa

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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