Grid connections across Sub-Saharan Africa and South Asia have expanded in recent years to improve energy access, but increasing electrification is only part of the picture. Households and businesses connected to the grid often have an unreliable electricity supply, limiting the benefits. Problems are generally related to the capacity and quality of electricity systems, but a lack of financial resources makes it difficult for utilities to rectify them.
Horizon Power has begun construction on a hydrogen project in Denham, Western Australia. This will be Australia’s first renewable hydrogen energy plant within a remote microgrid.
Climate-conscious companies across the globe and across industries are starting to invest more in shared value strategies for business growth. The electricity landscape is a prime example of this. As it undergoes a transformation, becoming more complex than ever before with rapidly evolving technologies, declining costs, and shifting regulatory landscapes, the electricity grid’s shared infrastructure provides the underserved with access to affordable services.
By Marga Hoek
A jurisdiction that offers modern corporate laws, efficient and effective court relief and investor neutrality can add value through a corporate structure for frontier and emerging market projects reliant on multinational inbound investment. The BVI is a jurisdiction that offers such corporate solutions. While this does not reduce all the risks faced by investors, such structures can mitigate legislative, corporate, transactional and court risk – this is known as the BVI Corporate Advantage.
By Greg Boyd, Partner in the Transactional Group at Harneys in the BVI Office