Baku: Drawing on the first comprehensive dataset of more than 2,300 renewable energy start-ups across Africa and South Asia, a team led by the University of Oxford on Friday revealed India and South Africa among solar ‘business hotspots’. The analysis also investigates why some countries, such as Chile and Namibia, produce more solar energy relative to their potential while others fall short — even when factors such as hours of sunlight, availability of fossil fuels or hydropower, and GDP are accounted for. “Our report identifies the countries where — all other things being equal — proactive policies and simple social affinity have created a better-than-expected environment for solar energy
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