Toronto, Canada, April 24, 2013 --(PR.com
)-- The recently published, Africa Photovoltaic Market Attractiveness report quantifies several key market factors and rates the 10 most promising PV markets in Africa. Considering fundamental and political market drivers and restraints, the research firm has identified the following markets as holding the most potential for PV development over the next 10 years: South Africa, Morocco, Egypt, Algeria, Ghana, Tunisia, Kenya, Libya, Nigeria and Mozambique.
Due to the complex mix of government policies, investment environments, electricity market structures, electricity prices, and varying degrees of PV market maturity across the African continent, it is often difficult to identify which markets hold the most opportunity and which present the most risk. ClearSky Advisors’ Market Attractiveness rating describes the size and extent of the opportunity available, as well as risks associated with operating in a given region.
"High electricity prices, a growing demand for electricity, and favorable government policies allow some African regions to stand out as key solar PV markets opportunities," says Michael Deaves, an Analyst with ClearSky Advisors. “Different markets offer different opportunities. Understanding the market drivers, whether they are fundamental or political, short term or long term, can help companies make better decisions. This report allows for a better understanding of those drivers.”
The continent of Africa represents a significant growth opportunity for companies operating in the solar photovoltaic industry. Identifying key markets will allow organizations to allocate resources more effectively and take advantage of the opportunities available.
ClearSky Advisors will continue to offer coverage of African PV markets and will release a comprehensive market forecast for the region in May 2013.
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About ClearSky Advisors:
ClearSky Advisors is a research and advisory firm focused on renewable energy. Providing data, insight, and advice, ClearSky Advisors allows its clients to make timely and informed decisions for their organizations. Through continuous research activities, ClearSky Advisors serves executives within government, industry and financial sectors.
For more information, visit: www.clearskyadvisors.com