- Global renewable energy production reaches 1 terrawatt
- The myth of poor africa : The African Renaissance
- Ethiopia, the fastest economy in Africa, some of the fastest in the world
- Clean Tech industrial solutions can save the planet
- Investment opportunity of a lifetime: Eden Global Impact
- On Artificial Intelligence
- Eden Global, the first company in the world to find an integral solution for climate change
- Investors: investing in ”heaven” or in ”hell”? which world do you help create with your investments?
Global Renewable energy production has reached 1 terawatt
Today, we are living in exceptional times of transformation and innovation, to say the least. This is most likely the most special times in the history of humanity , especially in a few sectors such as the energy sector.
Gradually, we are seriously considering our impact on the environment and witnessing the discovery of new technologies such as renewable energies and their rising like never-before all around the world. Although most industries are still reliant on fossil fuels, more and more governments, corporations and civil societies are turning into renewable energies.
We are literally witnessing an energy revolution at this time, after the industrial revolution and its heavy weight for the environment, here comes the green revolution.
The latest report of the research institute Bloomberg New Energy Finance (BNEF), shows that wind energy is now ahead of all other renewables , with 54% of the RE market. However, It also shows that the highest growth rate registered is within the solar power industry. So despite the fact that wind energy is the most advanced at the moment, solar energy is the fastest growing industry. In fact, since 2017, the capacity of solar production has increased of 46% while wind has only registered 8% of growth.
The energy industry is a 6 Trillion dollar industry that is being disrupted and transformed by the rise of renewable energy. Despite the high volume of investments into the energy sector, we still count 1,3 billion people on Earth that don’t have access to energy in 2018.
Energy is not about individual lives only; It is about development, therefore It is very important for growth of entire economies . There is a moral component to energy , because the way that we have been producing energy worldwide has been widely toxic so far, and we are now feeling the environmental consequences of using sources of energy that produce huge amounts of pollution.
In fact, The American Association for the Advancement of Science (AAAS) has declared that about 5,5 % million people are killed by air pollution every year. This is a growing rate every year, urging governments to change the way they view energy and to include the moral environmental and human aspect into the equation.
According to the BNEF, since the year 2000, the cumulated capacity of production of solar energy has been multiplied by 65 . They count 54% of production made by wind energy industry and 46% for solar energy industry.
According the research center, the global capacity of production of solar and wind energy has reached 1 Terrawatts, that is one thousands billions of watts. This expansion has required approximately $2.3 trillion of capital expenditure.
According to the International Energy Agency (IEA), the world’s renewable energy capacity is set to rise exponentially over the next five years. By 2020 this capacity is set to grow by 45%, lead by countries like China and India. India is expected to surpass the entire european renewable energy production capacity in the same period . A capacity of additional 920 GW is expected to be added by 2022 and 740 GW in solar energy alone. In addition, Renewable Energies make the two thirds of the newly added production capacity worldwide.
Electricity capacity additions by fuel 2016. Source: Renewables 2017 Pre-launch Media Webinar.
Lea Imane Moussaid
Political Analyst- CEO
The myth of poor africa : The African Renaissance
The African ‘’ Renaissance ‘’ is upon us. Indeed many countries in the continent have registered growth rates that left the international community in surprise. In fact, countries like Tanzania, Ivory Coast, Nigeria and even South Africa have registered remarquable advancements in the economic evolution. Investmments are flooding the continent , more and more companies, are interested by the idea of investing in Africa. It has become one of investors havens on earth to place their money , in a long term vision, that will certainly be beneficial if we consider the crescent curve of economic evolution the country is embarqued on, as well as the rich and abundant natural ressources in the region.
Africa is “on the move and on the rise” with communities coming together to resolve their problems and offer mutual support, United Nations Secretary-General António Guterres highlighted on Wednesday. He has commented on the positive growth, and economic development that has known Africa in the last few months. He mentioned also the growing investment opportunities available to the continent though bilateral banks and transnational banks, as well invertors of the private sector. He urged everyone with a stake in Africa’s success to seize the new opportunities and work together with people on the continent for the common good.
Even though It is making a big quantum jump unto the future in an evolutive fashion, African economy is still fragile due to many aspects. Currencies are not stable enough, economy still depends largely on foreign exports, markets are still vulnerable considering many aspects. Therefore, It is wise to proceed with the highest caution when operating in these new emerging markets to prevent incidents and big economic chocs.
African change is no longer a hopeful wish for Africa, Its a very tangible reality and can be witnessed throughout many aspects and sectors of industry and society.
We are really witnessing the rise of the nations of Africa, who are now more and more aware of the necessity to stand up and take charge of their affairs more seriously than ever. A very vast amount of initiative is being born both in all sectors of the industry. Civil society is experiencing a radical revolution in the way It thinks, the way it operates and the way it evolves. Today, there is more entrepreneurial initiative in Africa , than there never has been before in the continent’s history.
Multilateral relations have also been on the rise in the last years, between the African Union and African governments on one hand, or with foreign governments and international organisations on the other hand, as well as multiple relations with NGOs , development banks and organisms, foreign investors and multinational companies etc …
The 73th General Assembly of the UN was an with an axis on african development as Mrs Maria Fernanda Espinosa , its president , said :
”The Dialogue bears testimony of the desire to engage with the UN to realize a prosperous and peaceful Africa. Africa is changing […] and it is seeking to achieve peace, prosperity and socio-economic transformation,” she said, urging all actors to continue to work together in a coherent and coordinated response to the challenges.Stronger and more collaborative efforts between the United Nations and the African Union is essential to our efforts to strengthen multilateralism.
In addition, the relationship African countries are developing with China and India as well as with many new economic powers has created new alliances, and a very strong influx of investments, and the creation of a multitude of mega projects that are litterally rebuilding a new Africa. The vision of a new vision has been designed gradually by african leaders, entrepreneurs, technocrats and many green investors who see in the continent a huge potential of development and economic prosperity.
What makes this growth model so unique is to observe that It relies on clean energy, sustainable development, fair trade commerce, support for start-up companies, urban permaculture and green cities, pollution free technology, tribal governance inclusion, multilateral cooperation and many new values that set the set of new rules to building sustainable economies of the new world that can subsist in the long run, especially if we consider the long term effects of ever changing factors such as population growth, climate challenges, and the possibility of economic and social instabilities.
All these initiatives, combined with some of the highest growth rates worldwide registered in African Countries like Ghana, Gabon, Tanzania, Nigeria and Ethiopia , are indicators that Africa is the next racing jaguar of economy that could keep the entire globe in awe in the next decades.
The African model of growth could be an inspiration for all countries , as It plans to be a perfect bridge between technology and nature, using only renewable and clean technologies, preserving nature and re-establishing balance and equilibirium between the tribal natural world, and the modern technological world, taking the best of both, for a healthier innovative long lasting evolution and expansion into the future.
Ethiopia, the fastest economy in Africa, some of the fastest in the world
Sub Saharan Africa is one of the region that has registered some of the highest rates of economic growth this year with growth exceeding 7% in many countries, such as Congo, Mozambique, Senegal and Ethiopia. These leading countries are now called the economic ‘’Lions of Africa’’, registering growth rates that twice faster than latin american countries.
Defying all expectations and all odds, Ethiopia is one of the top five economies with fastest growth speed in the entire world today. Ethiopia registered important ameliorating of life quality for its inhabitant by reducing poverty, ameliorating the agricultural sector, infrastructures , technology and industry and multiplying exports with the goal to become a developing country by 2030. GDP was 73 billion in 2016 , jumping miraculously to a GDP figure in $80 billion, in 2017.
Given the difficult climate conditions of the country as well as the poor management of the land, Ethiopia is one of the countries that could be more affected by climate change.This is why the country strategy is oriented towards green sustainable development model, that will ensure sustainable growth in the long run especially to improve agriculture , energy, food insecurity that touches approximately 2 million people on a total of 102 million citizens of the country. After opening one of the first efficient waste-to-energy facilities to generate green power from waste, Ethiopia is now investing millions into green technology and renewable energies.
Ethiopia’s development strategy cannot ignore the climat crisis that has been very heavy in the past years. Its essential to think of solid long term solutions for the country food crisis and cilmate crisis, and one of them is renewable energies. The amount of wind and sun available in the region , makes it a powerfiul unlimited source of energy that can power vast lands of agriculture and entire industries with a relatively low cost, a cost that is dropping every year more with the advancement of the sector of renewable energy.
Ethiopia today inaugurated a hydroelectric dam that aims to double the country’s electricity output, but which critics say is a threat to locals and a UNESCO-listed lake in Kenya. The Gibe III dam, which reaches 243 metres (800 feet) in height, is the third-largest dam in Africa and the biggest in a series built along the Omo River.
These factors combined with drought were not the easier to deal with for many communities who found themselves displaced many times in the last century. In the somali region of Ethiopia alone 450,000 people and their cattle have been displaced only last year . This vast and exceptionally beautiful country of ancient ancestry and tradition is particularly touched by the effects of climate change. That is what led the country to include the long term climate challenges it faces intro the growth evolution equation, that has already proven to be efficient for the country in this time of accelerated global change.
The access to renewable energies will allow the economy to bloom, powering communities with energy and improving ways to extract water and distribute it , advancing the application of technology into agriculture, the creation of micro-economies, the creation of jobs, the increase of productivity , the generation of capital and the eradication of famine, the balancing of cattle and communities forced migration, and even the transformation of deserts into lush forests. Today, more than ever, we see the numerous and most beneficial aspects of renewable energies in developing countries like Ethiopia, making miracles happen and making what once known to be impossible, today possible.
Clean Tech industrial solutions can save the planet
We are at the gates of the 4th industrial revolution. This time it will be called The Ecological revolution . In an imaginary scenario, It would be like plants infiltrating offices and gently growing and blending in to bring more peace and harmony to the industrial world after it has become devoid of concern in relationship to humans and to the environment. We are faced with an emergency: the planet is dying and it is accelerating very fast, so fast that we are threathened to completly disappearing as a species.
We are in critical times and no matter the words we could use, it will never be enough to describe how catastophic situation is. Luckily, new technologies are born everyday in laboratories around the world. The paste of scientific discoveries has never been faster in the history of humanity, and they are clean ecological technologies. The deployment of these technologies around the world will be key in stopping the negative effects of climate effects by reducing our impact on the environment. This being said, companies are called to switch their operations systems to more sustainable systems . Governments must take immediate actions and deploy very rapidly to implement the new technologies as rapidly as they can, to slow the rapid paste of destruction that is upon our habitat.
There is new clean tech in all sectors , everyday. Everyday, a problem is solved by a new technology, yet the problem that the majority of start-ups that possess the new technologies are facing, is that investments are still very small compared to the growth necessary to bring the technologies to large scale commercialization. Therefore , the process is very slow and it must be accelerated as soon as possible, to avoid the worse.
Individual consumers can also help in the transition towards the new ecological business paradigm, by only buying organic biological products that do not use plastic. Companies must use alternative organic biodegradable materials that have no impact on the environment. All systems must be changed, and the new technologies must be utilized and encouraged. Finance and start-up support should be multiplied and directed to the companies who develop new clean technologies , so they can access the big markets and expand their horizons as well as their capacities to make a change.
It is also the investment opportunity of a lifetime , because the market is perfectly ripe, there is a growing demand for the technology to be deployed rapidly, and a relatively small offer available. All the indicators are present for prosperous and exponential growing returns on investments in clean tech. Investors can have an immense impact on the current situation of the planet and they are presented with a choice : invest in ”heaven”, or invest in ”hell”? We can create a better world if we allocate the adequate amounts of resources to the key players in clean tech and sustainability, and allow them to help put in place the new economical system required for the 4th industrial revolution .