RE: Growth Reminder10 Jan 2019 18:14
I think Lemur was too good a deal to turn down but it is not core and could deflect from the ‘green’ credentials of renewables. Not saying coal is right or wrong just not in vougue atm. So I would vote to get rid make a nice turn on the deal and focus on putting VRFBs all over Africa.
That said I hope VRFBs can play a major part in Madagascar’s energy needs and BMN will have all the connections they need to make that work.
A question was asked earlier about who can afford to pay for VRFBs. The thing is, this essential infrastructure so will need to be initially government funded. It is needed to allow Africa to grow.
The thought of running off to sell this to highest, oil rich, bidder really annoys me as a concept actually. The oil countries were basically camel and sheep herders 80 years ago and as far as I am concerned they can go back to that when the oil dries up... They have not shared any wealth within their continent so why should they benefit now.. I suspect FM is looking forward to SA becoming an energy powerhouse.
Just my ramblings as usual.
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