The Africa Solar Industry Association (AFSIA) says utility-scale solar projects are under development in 45 of Africa’s 54 countries, with more projects pairing solar and storage and emerging from direct negotiations between private developers and host governments.
The African Solar Industry Association (AFSIA) says utility-scale projects dominated Africa’s new solar additions in 2024, with storage installations surging tenfold.
Buoyant predictions about a rosy future for African photovoltaics, based on the continent’s abundant solar resources, continue to overlook the difficulties of securing investment, as Empower New Energy co-founder and CEO Terje Osmundsen explains, referring to a report published by the Africa Solar Industry Association at the World Future Energy Summit in Abu Dhabi today.
Norwegian developer Empower New Energy has secured $74 million of mostly public funds from investors and will top it up to build a $100 million, three-year cash pile.
A large campus in Johannesburg – Vantage Data Centers’ first in Africa – will receive a third of its energy from solar panels.
Only by working together can African nations overcome the obstacles to exploiting their abundant renewables resources and producing affordable green hydrogen – for use at home and in a European economy keen to wean itself off Russian gas, an online event has been told.
The raised ambition of an already huge renewables-powered hydrogen project in the Southern African nations vividly demonstrates the hydrogen and clean energy potential of a continent which accounted for just 0.5% of the world’s new solar capacity last year, according to trade body AFSIA’s annual report.
The Africa Solar Industry Association has recorded almost 2 GW of large scale project announcements since the start of last month with 18 countries planning new clean power infrastructure and including energy storage in the plants.
The island nation’s first utility scale solar park is set to double in size and have energy storage added, with work due to start this month.
With Chinese manufacturers having warned they will pass on escalating component costs, and shipping expenses soaring since last summer, the rising price of solar is forcing some installers to redraft quotes, pv magazine has discovered.
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