South Sudan''s Power Storage Revolution: Solving Energy
With only 7% of the population connected to grid electricity, most communities rely on diesel generators that cost $0.50-$0.70 per kWh. That''s about six times higher than solar-plus
In March 2020 South Sudan upgraded the South Sudan Investment Authority (SSIA) to the Ministry of Investment, as recommended in Chapter I of the peace agreement. In theory the Ministry of Investment has a One Stop Shop Investment Center. However, both organizations are poorly resourced and neither maintains an active website.
The legal framework governing investment and private enterprises remained underdeveloped as of April 2020. The U.S. Department of State maintains a Travel Advisory warning against travel to South Sudan due to critically high risks from crime, kidnapping, and armed conflict. 1. Openness To, and Restrictions Upon, Foreign Investment
Trade and investment conditions in South Sudan have slightly improved in the past year, but many challenges remain. The peace process has moved into the transition phase with the constitution of a new presidency structure and cabinet as components of a new Revitalized Transitional Government of National Unity in February and March 2020.
The government's fiscal and economic strategy sees government facilitating investment in economic priority sectors, particularly in agriculture, transport infrastructure, petroleum, mining, and energy, to unlock South Sudan's economic potential and boost diversified growth. Investment incentives exist, but the exact procedures are somewhat opaque.
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