Renewable Energies in Developing Countries: Issues, Interests, and Implications

Laumanns, Ulrich; Reiche, Danyel; Bechberger, Mischa

doi:10.1260/0958305042259774

Cited by 12 publications

(2 citation statements)

References 5 publications

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“…A few motivating forces and commands intended to actuate GHG alleviation have empowered sun-based energy in industrialized nations (Pawłat and Stryczewska, 2011). Laumanns et al (2004) and Radulovic (2005) posited that, an enhanced arrangement and use of these sustainable power source innovation could make impressive advantages for the entire world.…”

Section: Introductionmentioning

confidence: 99%

Analysis of latent impeding factors to solar photovoltaic investments in Ghana

Sackey

Owusu‐Manu

Asiedu

et al. 2020

IJESM

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Purpose Ghana has recently reviewed its renewable energy Act 835 with an objective of providing 10% of its energy from renewables by 2020 (Ackah and Asomani, 2015). Meanwhile, solar Photovoltaic (PV) accounts for less than 2% of the energy mix (Energy Commission, 2018). In combating environmental issues such as climate change and meeting these policy targets, there is the urgent need to increase investment into the renewable sector. Therefore, the purpose of this paper is to critically examine the impeding constraints to photovoltaic investment in Ghana. Design/methodology/approach The Literature evaluation was carried out of critical constraints surrounding PV investments. Questionnaire was developed and administered online using Google form. Descriptive statistics was used to describe the features of each constraint. In addition, inferential analysis using relative importance index was used to rank these indicators. Again, one sample t-test was used to test the significance of the indicator. Multiple indicators were used to measure the latent constructs. Finally, independent test of mean equity was used to test relationship between the working experiences of despondence who have worked with solar PV below five years and those who worked from five years to ten years. Findings The research has highlights high installation and maintenance costs, lack of access to long-term capital finance, access to affordable consumer finance and lack of support to research and development as the major investment obstacles to solar PV investment in Ghana. Research limitations/implications It is recommended that the Government of Ghana should provide incentives such as tax waivers, which will encourage entrepreneurs, invest into PV. In addition, it is recommended that solar PV companies must collaborate with financial institutions to provide low interest and flexible consumer financing schemed that can enable home users to purchase the technology. Future research should complement this work by focusing on the impact of domestic currency volatility on PV investment. The scope of this study is constrained to the PV industry in Ghana. Practical implications This study will serve as a guide to the private sector business owners to help make critical PV investment decisions. It has also brought to the forefront the reason why solar PV account for a small fraction of Ghana’s energy mix. Originality/value This paper seeks to espouse the prevailing constraints to PV investment in Ghana and seeks to contribute to already existing literature that will make profound changes in state policy around PV investment. By understanding these difficulties, driving pointers can be recognized to encourage effective future venture inside the sustainable power source area. In this way, the research leads to a better understanding of the impeding factors that hinders PV investment in Ghana. Again, the paper has achieved new discovery with regards to variations between years of experience with PV use. The variation being less than five years with over five years of PV use. By understanding these difficulties, driving pointers can be recognized to invigorate effective future ventures.

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Section: Introductionmentioning

confidence: 99%

Analysis of latent impeding factors to solar photovoltaic investments in Ghana

Sackey

Owusu‐Manu

Asiedu

et al. 2020

IJESM

View full text Add to dashboard Cite

show abstract

“…Conceptual diagram of institutional and policy frameworks for energy development at national/local scales Sources:Philips and Browne, 1999; Painuly, 2000;Laumanns et al, 2004;Ahiataku- Togobo, 2005, Haanyika, 2005 …”

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Policy and Institutional Failures: Photovoltaic Solar Household System (PV/SHS) Dissemination in Ghana

Bawakyillenuo

2009

Energy & Environment

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The introduction of photovoltaic solar household systems (PV/SHSs) into rural electrification programmes in the developing world has brought in its wake dissemination/adoption and sustainability challenges. In order to stimulate wider dissemination, some authors have advocated the greater involvement of the private sector. While the private sector has played a key role, this paper argues that effective government institutional and policy frameworks are the most pivotal elements in the push to disseminate PV/SHSs to the rural poor in the developing world. Using two case studies, the paper contextualises the link between what, at present are inadequate government institutional and policy frameworks and the low level of PV/SHS dissemination in rural Ghana.

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Deconstructing the dichotomies of solar photovoltaic (PV) dissemination trajectories in Ghana, Kenya and Zimbabwe from the 1960s to 2007

Bawakyillenuo

2012

Energy Policy

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Renewable Energies in Developing Countries: Issues, Interests, and Implications

Cited by 12 publications

References 5 publications

Analysis of latent impeding factors to solar photovoltaic investments in Ghana

Analysis of latent impeding factors to solar photovoltaic investments in Ghana

Policy and Institutional Failures: Photovoltaic Solar Household System (PV/SHS) Dissemination in Ghana

Deconstructing the dichotomies of solar photovoltaic (PV) dissemination trajectories in Ghana, Kenya and Zimbabwe from the 1960s to 2007

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