Fuel Cell Energy

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"Anyone who thinks a major power project will be up and running in two years doesn’t understand how the market works – infrastructure takes time." - Andrew Herscowitz Quote from Power Africa's facebook

https://www.facebook.com/PowerAfrica/?fref=nf

https://twitter.com/aherscowitz?lang=en



For Andrew Herscowitz, the Power Africa coordinator currently tasked with delivering 60m connections and 30,000 MW of extra installed power capacity to an expectant continent, the ambitious goals represent more than an African legacy pitch by the US President.

“It’s ambitious and achievable. If any world leader understands it, it’s Obama. Anyone who thinks a major power project will be up and running in two years doesn’t understand how the market works – infrastructure takes time. We’re trying to make sure projects don’t derail, and if we can expedite them in some way, that’s going to happen,” he says.

Herscowitz says that Power Africa – a one-stop shop where more than 120 development partners can accelerate deals, raise capital and discuss regulatory improvements – is changing the energy picture on the continent. The results of this expanding network, he says, are evident in the $43bn worth of funding commitments that have already been raised.

- See more at: http://africanbusinessmagazine.com/region/continental/the-big-read-energy-revolution/#sthash.83bGID3C.dpuf