Significant increases of utility tariffs in Nigeria and Ghana are improving the business case for solar by providing money to utilities and bringing competition to the power market, according to energy developers.
A glut of solar-based products failing across Nigeria has been caused by a lack of clarity around ownership and alleged cases of corruption, according to member of the World Energy Council (WEC).
Using PV, wind and CSP, a ‘Supergrid’ interconnecting North Africa and Europe could take both regions close to 100% renewable energy by 2050, but would require political will and ambitious market design, an expert at Fraunhofer ISE has said.
Clean energy corridors of up to 2GW capacity are being planned for the West African region under plans put forward by the ECOWAS Regional Centre for Renewable Energy and Energy Efficiency (ECREEE).
Chinese rechargeable battery, electric transport and clean energy company BYD has been signed up as a “preferred partner” to Abu Dhabi-headquartered Masdar.
PV Tech has launched a range of membership packages to give readers access to leading market analysis, networking events and a range of tools to develop your solar business and research.
PV Tech’s preliminary analysis of global PV manufacturing capacity expansion announcements for March, 2016 has revealed over 7.3GW of planned future expansions of solar cell and module production.
Solar capacity grew by 47GW (26%) during 2015 as a result of module prices dropping as much as 80% over the same period, according to the latest data from the International Renewable Energy Agency (IRENA).
The World Bank Group unveiled an ambitious new plan to aid developing countries fulfil their COP21 pledges by adding 30GW of renewable energy – doubling its current contributions to global energy capacity.