In Short : Africa, home to 60% of the world’s best solar resources, produces just 1.5% of global renewable capacity. Solar installations are projected to rise 42% in 2025, with 23 GW planned by 2028. Leaders aim for 300 GW by 2030, though financing gaps remain the biggest challenge to unlocking the continent’s vast renewable […]
Africa’s Untapped Solar Power Potential Poised to Transform Energy Access and Sustainability – EQ
In Short : Africa holds immense solar energy potential, offering a pathway to a renewable-powered future. With some of the highest solar irradiance globally, the continent can generate affordable, clean electricity for millions. Growing investments in solar projects promise to boost energy access, reduce fossil fuel dependence, and drive economic growth while positioning Africa as […]
International Solar Alliance eyes Indian private sector push for Africa’s green energy growth – EQ
In Short : The International Solar Alliance is urging Indian private companies to invest in Africa’s green energy sector. With over 30 solar projects underway, ISA sees India’s rural electrification expertise as key to Africa’s energy transition. Partnering with African nations, ISA aims to expand solar access through decentralized systems and innovation programs like the […]
New study confirms €1 trillion Africa’s extraordinary green hydrogen potential – EQ Mag
European Investment Bank, International Solar Alliance and the African Union unveil study into Africa’s green hydrogen potential, with the support of the Government of Mauritania, HyDeal and UCLG Africa Analysis highlights benefits of harnessing solar power to create green hydrogen in four African hubs: Mauritania, Morocco, southern Africa and Egypt Green hydrogen is economically viable […]
New study confirms EUR 1 trillion Africa’s extraordinary green hydrogen potential – EQ Mag
European Investment Bank, International Solar Alliance and the African Union unveil study into Africa’s green hydrogen potentia, with the support of the Government of Mauritania, HyDeal and UCLG Africa Analysis highlights benefits of harnessing solar power to create green hydrogen in four African hubs: Mauritania, Morocco, southern Africa and Egypt Green hydrogen is economically viable […]
DLA Piper advises on the refinancing of Africa’s sole concentrated photovoltaic solar plant – EQ Mag Pro
DLA Piper has advised CPV Power Plant No.1 (CPV1), the project company for the 44 MWp concentrated photovoltaic (CPV) solar plant in Touwsrivier in the Western Cape, in relation to the refinancing of the only listed project bond of its type in South Africa. Ronald Chindeka, Senior Manager: Project Finance, Pele Green Energy, comments: “Pele […]
Onyx Solar Signs Deal For Africa’s Largest PV Integration Project
Spanish group Onyx Solar has reached an agreement with Sterling Bank, a leading financial institution in Nigeria, for the installation of 6,500 sq m of crystalline silicon photovoltaic glass spandrels at its HQ building coming up in capital Lagos. The project, which is set to become the largest PV integration development in Africa, is being […]
Figures of the Week: Africa’s Renewable Energy Potential
In a recent article from the International Monetary Fund’s quarterly publication Finance and Development, researchers explore how scientific advances in renewable energy technology, its falling costs, and the continent’s geography can contribute to renewable energy becoming a prominent, affordable, and competitive source of electricity in Africa. Indeed, while access to electricity in sub-Saharan Africa is […]
Renewables supplied only a third of Africa’s electricity demand growth
Wind energy and solar power need to be adopted more quickly to avoid fossil gas trap. An analysis of global electricity revealed that wind and solar showed resilient growth in 2020 despite the pandemic, forcing a record fall in global coal power. The Global Electricity Review published by energy think tank Ember analysed electricity data […]
Africa’s Solar Street Lights Offer Glimmer of Potential
Jinja City in Uganda is the latest city in sub-Saharan Africa to embrace the cost savings and environmental benefits of solar-powered street illumination. In 2016, on the northern shore of Lake Victoria, Jinja City sat in darkness. The city, the second-largest in Uganda, had run up an overdue power bill of 1.3 billion Ugandan shillings […]