Investing in Clean Energy in Africa

The video discusses the significant growth in clean energy investments in Africa, highlighting a shift from subsidies to competitive auctions, which has driven down prices. However, there are concerns about the sustainability of these low prices, as seen in the case of Sun Edison in India. The potential for Africa to leapfrog fossil fuels and transition directly to cleaner energy sources is also explored, though fossil fuels will still play a role in Africa's energy future.

What is the main reason for the increase in clean energy investment in Africa?

• Introduction of new taxes

• Increase in government subsidies

• Shift from subsidies to competitive auctions

• Decrease in fossil fuel prices

What is a potential concern regarding the low prices achieved in renewable energy auctions?

• They might not be sustainable

• They are too high for consumers

• They lead to increased pollution

• They discourage investment

Which country was mentioned as having achieved the lowest solar energy price in Africa?

• Nigeria

• South Africa

• Zambia

• Kenya

What happened to Sun Edison in India after acquiring projects at low prices?

• They sold the projects

• They increased their prices

• They went bankrupt

• They expanded successfully

What percentage of Africa's new energy is expected to come from fossil fuels?

• 60%

• 40%

• 25%

• 10%