Africa

“There is an adjustment in the industry [where] there are cycles,” explains Laura Fortes, senior manager for access to finance at GOGLA.

Japanese cell and module manufacturer Toyo Solar has begun production at its solar cell processing plant in Ethiopia.

The world invested US$300 million into the off-grid solar sector in 2024, a 30% year-on-year decline in total funding, according to GOGLA.

South Africa’s government has approved the South African Renewable Energy Master Plan (SAREM) to accelerate renewables deployment.

A round-up of news from China with the price of solar wafers going up, TCL Zhonghuan shipping over 200GW of 210mm wafers and Complant securing an engineering, procurement, and construction (EPC) contract for a PV project in Congo.

Qair has inked PPAs with Tunisian state utility Société Tunisienne de l’Electricité et du Gaz (STEG) for 298MW of solar PV.

Scatec has penned a 25-year PPA with Tunisian state utility Société Tunisienne de l'Electricité et du Gaz for a 120MW solar PV power plant.

The company signed a 25-year power purchase agreement with Egypt Aluminium for a 1.1GW/200MWh solar-plus-storage project in the country.

“We want to scale up our localisation drive in solar materials," said managing director of the Rural Electrification Agency.

Ongoing investment barriers are preventing Africa from realising the full potential of its solar resources despite strong growth in 2024, according to a Global Solar Council report.