{"id":5979,"date":"2012-01-04T06:23:44","date_gmt":"2012-01-04T11:23:44","guid":{"rendered":"http:\/\/www.energyrefuge.com\/blog\/?p=5979"},"modified":"2017-09-05T17:46:21","modified_gmt":"2017-09-05T21:46:21","slug":"investment-in-alternative-energy-grows-in-africa","status":"publish","type":"post","link":"https:\/\/www.energyrefuge.com\/blog\/investment-in-alternative-energy-grows-in-africa\/","title":{"rendered":"Investment in Alternative Energy Grows in Africa"},"content":{"rendered":"<p><figure id=\"attachment_5980\" aria-describedby=\"caption-attachment-5980\" style=\"width: 300px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.energyrefuge.com\/blog\/wp-content\/uploads\/solar_LED_Africa.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.energyrefuge.com\/blog\/wp-content\/uploads\/solar_LED_Africa-300x200.jpg\" alt=\"\" title=\"solar_LED_Africa\" width=\"300\" height=\"200\" class=\"size-medium wp-image-5980\" srcset=\"https:\/\/www.energyrefuge.com\/blog\/wp-content\/uploads\/solar_LED_Africa-300x200.jpg 300w, https:\/\/www.energyrefuge.com\/blog\/wp-content\/uploads\/solar_LED_Africa.jpg 500w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-5980\" class=\"wp-caption-text\">Photo: Philips<\/figcaption><\/figure>From $750 million in 2004, investments in alternative energy reached $3.6 billion in 2011, according to <a href=\"http:\/\/oilprice.com\/Alternative-Energy\/Renewable-Energy\/Investment-in-African-Renewable-Energy-Reaches-$3.6-Billion-in-2011.html\" target=\"_blank\">Oil Price<\/a>.<br \/>\n<!--more--><br \/>\nThe figures were revealed by the managing director of Nigeria\u00e2\u20ac\u2122s Bank of Industry (BOI), Evelyn Oputu. Globally, investments in alternative energy rose from $33 billion in 2004 to $211 billion in 2011.<\/p>\n<p>Experts believe Africa will continue to invest in <a href=\"http:\/\/www.energyrefuge.com\" target=\"_blank\">alternative energy<\/a> and reach $57 billion by 2020. Wind, solar and geothermal energy will be the main alternative energy types in the region, according to a Frost &#038; Sullivan report on economic trends in the continent.<\/p>\n<p>The report says Africa could benefit from the fact that it is not locked into the \u00e2\u20ac\u0153inefficient, oft-polluting infrastructure of many Western countries\u00e2\u20ac\u009d; therefore, it could build a fresh, renewable energy network.<\/p>\n<p><em><strong>You should follow us <a href=\"http:\/\/twitter.com\/energyrefuge\" target=\"_blank\">here<\/a>.<\/strong><\/em><\/p>\n<h3 class='related_post_title'>Related Posts:<\/h3><ul class='related_post'><li>No Related Posts Found! Go find some...<\/li><\/ul>","protected":false},"excerpt":{"rendered":"<p>From $750 million in 2004, investments in alternative energy reached $3.6 billion in 2011, according to Oil Price. Related Posts:No Related Posts Found! Go find some&#8230;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5979","post","type-post","status-publish","format-standard","hentry","category-miscellaneous"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/posts\/5979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/comments?post=5979"}],"version-history":[{"count":1,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/posts\/5979\/revisions"}],"predecessor-version":[{"id":9132,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/posts\/5979\/revisions\/9132"}],"wp:attachment":[{"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/media?parent=5979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/categories?post=5979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.energyrefuge.com\/blog\/wp-json\/wp\/v2\/tags?post=5979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}