The buzz around solar power and its importance as an integral part of the future of the energy sector has been discussed for many years now. There are many parts of the world that have shown a huge interest in the development of solar power plants, but one part of the world that many experts say could be ideal for the development of solar power is southern Africa.
The region is very frequently associated with sunshine and great weather all year around. The electricity is a huge challenge for the region, recording a lot of power shortages very frequently. As solar power is slowly becoming more and more affordable, the adoption of this technology could be an ideal solution for the region.
Although it seems to be truly a great idea, the adoption of solar power generating facilities has been very slow, to say the least in the region. Now, that does not mean that the technology is not being adopted at all, but it is happening at a very slow pace. One of the most active countries in the region in this regard is South Africa. However, even SA is very slow in generating electricity with solar power, getting only 2.5 percent of all electricity from this source.
Energy market as an investment option
Considering how much the solar power plants have managed to develop over the past few years, they can be a great addition to the region. Because solar power is such a promising technology, there are many people who are trying to support its further development.
In fact, the companies behind solar power technologies tend to be very fast growing. Because of such prospects, they tend to be one of the top choices when it comes to deciding to invest in solar energy stocks not only among local traders in the region but around the world as well.
Because energy stocks have become such an important part of many trading portfolios around the world, there are more people rushing to invest in them. Because of their huge growth potential and positive prospects, there are many people who decide to invest in them.
But, for local traders, investing in stocks is not that simple. Because they do not have access to as much educational material about the financial markets, local traders tend to have a hard time becoming part of the trading world. But, there are many tips for beginner stock traders that local investors can use to better trade stocks.
There are many things that traders should know, such as finding a trustworthy brokerage to start trading with, deciding which stocks to trade, how much to invest and when to invest, and many others. By understanding these details about the market, investing for locals can get a lot easier.
Why is the region good for solar power?
Harvesting solar power is not an easy task, but, because of the weather conditions of the region, it seems to be a great place. In general, sunlight is basically a stream of photons, and the region is known for being very sunny. There are some misconceptions around the world that the hotter areas are better for solar power generation.
However, it should be noted that tropical regions tend to have a lot more clouds as well. On the other hand, around the northern and southern edges of the tropics are regions with the driest climate, which could mean fewer clouds. These regions mostly experience sun nearly overhead around noon in the summer.
Here, the solar devices might be capable of catching more energy in winter by tilting it more towards the equator. A very important thing that makes the region a great fit for solar power is that unlike other hot regions around the world, southern Africa’s dry areas experience low levels of dust. This could result in more opportunities when it comes to generating solar power.
Because of all of the factors, southern Africa basically has excellent conditions for generating solar power. Even in the cloud-prone areas of the region, there is enough sunshine to match most of the power generating sites and it can be enough for many of the people in the region.
Not only is the region perfect for solar power plants, but it also needs it. The majority of the population of the region today does not have full, trustworthy electricity. In fact, they are experiencing a lot of power outages very frequently which is worsening the humanitarian situation in the region.
For the future development of the region, it seems like solar power is an absolute necessity for the region. However, sadly, as of now, the countries in the region have not done enough to develop solar power plants.
While the region truly needs solar power, there are many things that need to be done in this regard, and these things have to happen very fast. As solar power continues to shock countries around the world for being cheap and reliable, regions like this have no other option but to keep up with the developments.