The Renewable Energy Hub Forum

Important News => General => Topic started by: allegrif on December 01, 2015, 08:54:32 PM

Title: France to invest 2 billion Euros in renewable energy...
Post by: allegrif on December 01, 2015, 08:54:32 PM
...in Africa. This is news just coming in from the climate change summit in Paris. This is great news, and is a fantastic sign of commitment from Francois Hollande to tackling the continued usage of fossil fuels and their effect on the most vulnerable societies on Earth. Bravo!
Title: Re: France to invest 2 billion Euros in renewable energy...
Post by: JamesH on December 01, 2015, 09:14:53 PM
Your title did lure me in, because France already gets almost all of it's energy from nuclear, plus a bit of hydro.

Better they invest in renewables while the economies are growing to prevent a chinese style boom in coal power.
Title: Re: France to invest 2 billion Euros in renewable energy...
Post by: Zarostulus on December 02, 2015, 06:37:31 PM
It probably helps that Africa is a great fit for renewables. Lots of sun, warmer climate (so more powerful wind at times) and lots of water. Combine those factors with currency exchange rates, and you're looking at a very good return on investment.
Title: Re: France to invest 2 billion Euros in renewable energy...
Post by: LucidEnergy on December 02, 2015, 06:43:51 PM
I wonder how far this will go. Africa is a big continent and while 2 billion is better than nothing, it will probably only be a small dent.