Africa has shown great progress in the development of its solar energy markets over the last year. The continent has experienced a growth of over 1.8 GW of new solar installations, with 1.4 GW coming from photovoltaic (PV) installations, which was a significant jump from the 786 MW that was brought online in 2017. According to IRENA, last year’s growth was mainly driven by five specific countries: Egypt, South Africa, Kenya, Namibia and Ghana. The aim of this report is to provide a comprehensive overview of the key facts and figures related to these solar PV markets.
Phanes Group, an international end-to-end solar provider headquartered in Dubai, UAE, is once again on the hunt for promising solar photovoltaic (PV) projects to support in sub-Saharan Africa, as the company relaunches its Solar Incubator program. Now in its third consecutive year, the competition continues towards its goal of electrifying more communities for a sustainable future.
Phanes Group, an integrated end-to-end solar provider headquartered in Dubai, has launched its first Solar Incubator program, aimed at identifying PV projects of potential in sub-Saharan Africa by providing access to funding, and commercial and technical knowledge.
In preparation of this conference, Solarplaza organized a webinar through which one could get a glimpse at the intricate mechanism governing the African solar market today.
Le besoin d’énergie et l’abondance de soleil sont deux arguments de poids en faveur du développement de l’énergie solaire photovoltaïque en Afrique. Notre liste des 50 principaux projets en cours de développement s’inscrit dans le cadre de nos prochains événements organisés au Nigeria (The Solar Future Nigeria, 25 et 26 avril 2017) et en Côté d’Ivoire (Unlocking Solar Capital Africa, 24 et 25 octobre 2017 à Abidjan).
The Energy & Environment Partnership programme (EEP) is a challenge fund active in southern and east Africa. Since 2010, EEP has assisted over 200 renewable energy and energy efficiency projects in the region with grant funding during their early stages of development and implementation.
Our list of Top 50 projects under development comes in preparation for the two-day event in Nigeria during the 25-26 of April. The Solar Future Nigeria concentrates all major stakeholders in the country and addresses all forms of solar applications ranging from utility scale to pico solar.
The tone of the conversation around utility-scale solar power in Nigeria is changing. Complicated conditions around fossil-based grid generation have provided the needed motivation for the Nigerian government and the private sector to further explore clean-tech power sources such as solar power.
Following our recent webinar “How to Manage Currency Risks for RE Projects in Africa”, we have summarized the most important conclusions in this article.
In our latest investor Q&A, GOGLA speaks with Michael Gera of Energy Access Ventures Africa. With a team that has substantial investment and operating experience, EAV bring a hands-on approach with their portfolio companies. Michael brings EAV’s portfolio companies several years of venture investing along with operating experience – most of it on the ground in Africa.
The growing use of mobile money solutions for electricity tariff payment is redefining the solar off-grid market in regions such as Africa. Here, mobile money services have seen a tremendous growth over the last decade.
In preparation for Unlocking Solar Capital Africa, Solarplaza has created an overview of the largest plants under development on the African continent, including a Top 10 of projects under construction and a a Top 40 of announced plants.
Recently there has been a proliferation of financiers looking into the African energy market but solar project promoters in Africa may be underestimating the amount of funds accessible to African RE projects. In order to secure the needed finance what should promoters do?
The top 10 largest solar PV plants in Africa reflects the progress and scale of the various African solar markets, with South Africa and Algeria taking leading positions.
As emerging market banks gradually grow used to solar, the bankability issue for developers is increasingly around off-takers and currency, not projects.
The appetite for solar may be growing in new markets, but that does not mean local funding is always easy.
Solar PV is playing a key role in expanding electricity access throughout Africa, as momentum increases to develop large-scale projects and mini-grid systems, in line with the proliferation of off-grid lighting solutions in rural communities.
As prices for solar components go down and new innovative business models arrive, the off-grid solar market in Africa is seeing a huge growth.
Developers are beginning to find there is plenty of space for solar between North and South Africa.