Sahara urges investment in alternative energy The attainment of affordable energy through investments in alternative sources will enhance socio-...

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Sahara urges investment in alternative energy The attainment of affordable energy through investments in alternative sources will enhance socio-economic growth in rural communities across the globe by 2030, Executive Director, Sahara Group, Mr. Tonye Cole has said. He spoke at a meeting dedicated to Sustainable Development Goals (SDGs) at the just concluded 70th United Nations General Assembly in New York, United States. Cole who represented Sahara Group – a leading African Energy, Power and Infrastructure Conglomerate – on the Advisory Board of the Sustainable Development Goals Fund (SDG-F), told delegates that governments in developing nations need to explore more partnership platforms with the private sector in the quest for alternative energy sources.

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  1. Substantial investments are required to achieve affordable and sustainable energy in developing nations. Wind and solar energy are possible options that can be harnessed in rural communities where consumption is relatively low. With the right strategy and unwavering commitment from all stakeholders, we will be setting solid foundations for deploying alternative energy sources to transform lives and small businesses for disadvantaged communities across the globe,” Cole said.

    Cole said governments and power companies need to collaborate on sensitising the populace on the value chain of the power sector to ensure support for policies as well as address incidences of energy losses and theft that disrupt energy availability in developing nations.