Attention Economy


Sunday, July 5, 2015

Power Generation and Economic Development

A crucial requirement for modern economic development is access to electricity. It is, however, a huge challenge for developing countries to generate adequate electricity to meet the rapidly growing demand for power.

NYTIMES piece – Weak Power Grids in Africa Stunt Economies and Fire Up Tempers


The potential of Solar Power
Japan’s SoftBank Corp., India’s Bharti Enterprises Ltd and China’s Foxconn Technology plan to invest more than $20 billion in solar energy projects:
According to SoftBank Corp.’s Masayoshi Son:
“India has the potential to become one of the world’s largest solar energy generators. “The project in India can be four times more efficient than Japan given the country has twice more sunshine than Japan while cost of setting up the infrastructure is half of that in Japan. This means it is four times more efficient in India.””

Solar Power in Saudi Arabia
http://www.theatlantic.com/magazine/archive/2015/07/saudis-solar-energy/395315/