Good reasons to invest in energy in Madagascar
WHY INVEST IN ENERGY IN MADAGASCAR?
- A favourable regulatory framework: NPE 2015-2030 and LOI 2017-020 promoting the use of renewable energy and liberalisation of the electricity sector
- Huge, dispersed hydroelectric potential estimated at around 7.8 GW
- An exemplary and evenly distributed solar resource: average annual production of 1,600 kWh/kWp
- Untapped wind energy potential: wind speeds from 3 to 8 m/s to 20 m/s, with a potential capacity of around 2,000 MW for electricity generation.
- Biomass, an energy in the making