Renewable energy is energy obtained from renewable sources such as sunlight, wind, rivers, the tide and geothermal heat, which provides a sustainable alternative to fossil fuel driven thermal generation. Although intermittent in their production, renewables energy provides the lowest cost power generation on a marginal cost basis. This is particularly important in emerging market where demand is price sensitive. Renewable energy not only offers a cost effective and sustainable solution but also independent power production that is not dependent on importing expensive fossil fuels. Solomon Peter Investments is involved in a number of start-up initiatives in Africa and the Caribbean.
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