Investors upbeat on energy, water sectors

waterpowerFrom DION HENRICK in Cape Town

CAPE TOWN, (CAJ News) – THE recently-concluded African Utility Week’s growth and success have been hailed as a reflection of confidence in the continent’s energy and water sectors.

A record 6 445 attendees were at the event held at the Cape Town International Conference Centre from May 17-19.

The event featured 250 exhibitors from 40 countries, 299 speakers “Everyone who was part of this year’s African Utility Week felt the same passion for the energy and water sectors on the continent and had the feeling that we are on the brink of enormous progress,” said Evan Schiff, event director of the African Utility Week conference and exhibition.

Schiff said technology, water and renewable energy were strong themes this year.

“There’s no doubt that renewable energy as well as smart technology are changing the way power and water utilities operate and deal with their customers.”

The official said there were big plans in the offing for next year.

“As the industry evolves, so will the event. Our exhibition will be even bigger next year as we grow into the new expo space at the CTICC to reflect the new markets and developments in the sector.”

This includes a focus on non-utility scale projects, large power users, rooftop solar installations, energy storage, lighting products, independent power producers (IPPs) and EPCs (engineering, procurement and construction.

A notable presence at the CTICC this year was Sierra Leone’s Dr Kandeh Yumkella, UN Under-Secretary-General and Former Special Representative of the Secretary-General and CEO of Sustainable Energy for All (SE4All).

He presented the opening day’s keynote session and won the Lifetime Achievement category at the African Utility Week Industry Awards.

“I know the energy revolution is powering up and ready to take off. We saw again this week that we have the technology and the innovation. Sometimes we are too suspicious of each other, we should embrace energy trade with
each other,” said Yumkella.

– CAJ News

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Posted by on Jun 1 2016. Filed under Energy, Featured, Finance, Investing, National, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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