Renewable Energy & Business Development

Magan Star is pioneer of Somalia renewable energy services, since its establishment May 2012 it has delivered energy solutions and services to businesses and homeowners. 

It provides consultancy services in the fields of renewable energy, energy efficiency, environmental and energy studies for a purpose: to help create a cleaner environment and a sustainable future. It focuses, with direct and indirect implications for poverty alleviation, substantially contributes to this objective. Its customized technical solutions and services are dedicated to investment firms, energy groups, banks and public authorities involved in the development and/or acquisition of renewable and power plants.

Challenges:

Up to 60% of the Somali population have no access to electric power. Although it does serious damage to the country’s environment, 67% of Somalia’s energy consumption comes from traditional biomass-type fuels: charcoal and firewood. Electricity is used mainly lighting and it is only available big cities and cost between $0.80 to $1 per KW, electricity prices in Somalia constitutes one of the highest in the world, if not the highest.

Use of firewood is widespread especially in rural areas, causing major environmental damage due to the depletion of forests and woodlands. However, it is the cheapest fuel available and is culturally integrated into domestic lifestyle. Development of other affordable fuel types substituting for charcoal would ease the lifestyle of the female homemaker, who is traditionally responsible for house chores. Other alternatives to traditional fuel provision would also mitigate other echo challenges countries has faced recently years such as droughts.

Solutions

The introduction of alternative sources of energy at both the micro and macro levels will help improve the livelihood of the communities in Somalia and expand the productive capacity. The multiplier effect and economic opportunity of having access to electricity, particularly in rural areas, is significant. Access to electricity expands Somalia’s private sector, bolsters communities and creates employment opportunities – all of which underpin stability.

Economic development can be achieved by employing cost effective, sustainable and environmentally friendly solution, improving the electricity infrastructure and supply would be one of the most effective options.

Electricity supply is crucial for improving communications and lighting – both of which contribute to stability and improve security. In addition, enabling the private sector to expand and operate alternative energy gives the government and local administrations the freedom to focus on other pressing concerns.

Public Private Partnership (PPP) under existing frameworks can expand renewable electricity supply industry with private investment and management for the speedy recovery and development of the industry.

Stand-alone, decentralised rural energy systems based on renewable sources are considered to be a viable option for meeting the energy needs of sub-rural communities. The concept being pursued in this is based on an appropriately sized solar and wind energy conversion systems.

Economic Development Consultancy

We provide economic development consultancy service to governments, public and private organizations. We focus on designing development policy, business development and business growth.

We provide also measuring and monitoring systems with economic statistics.

Large projects call for the deployment of multi-disciplinary teams to address complex issues, for example: value for money studies, feasibility, audit of multiple stakeholder activities. And we have a team with capacity and proven record executing these types of activities.