Africa has a solar energy potential of as much as 1,000 GW and wind potential of 110 GW, not to mention 350 GW in hydropower potential and 15 GW of geothermal potential. And yet, all this huge potential remains largely untapped, even though solar and wind farms are getting so cheap, they are said to be on par with coal in some parts of the world. The situation will likely be surprising for those who only follow upbeat headlines, but people with some knowledge of how renewables actually work and how businesses in general work will not be surprised by the state of affairs in Africa—and other developing regions of the world. Solar and wind farms generate electricity by capturing the light of the sun or the energy of the wind and converting it into electricity. This electricity then needs to be transmitted to where it will be used […]