Many companies around the world are finding that investments in clean energy are not just good for the environment but can also be good for the bottom line.
A recent study showed that green businesses were among the fastest growing segments of the business world. Some companies have been developing innovative green technologies of their own, while others look to invest in potentially profitable technologies that may soon become worldwide standards. This has led some companies to scour the world looking for new countries in which to invest. Some companies and investors in the United Kingdom have gone as far as Africa to find the newest and best ways to make money off of green technology.
Foreign investors from Great Britain are hoping to build partnerships and increase their investment in the African nation of Kenya. A recent delegation to Kenya was led by the Birmingham Chamber of Commerce, as investors looked around the country for new investment opportunities. Most of these companies are looking to invest in key sectors like renewable energy and water, both of which will become increasingly important issues in countries like Kenya. Currently, Kenya is mired in one of the worst droughts in the country’s modern history, which has increased the need to find new and renewable sources of energy and clean water.
Among the companies represented by the delegation are solar energy experts Daima Energy Solutions as well as Octagon Europe Ltd. Daima’s solar energy projects are expected to become an important energy solution for Kenya, while Octagon’s sustainable and affordable housing hopes to bring cheaper and greener homes to the African nation.
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