Africa & Middle East

Global solar corporate financing has decreased 24% in 2024, compared to the previous year, with US$26.3 billion, according to market research firm Mercom Capital Group.

The Africa Solar Industry Association’s 2025 market outlook has recorded a 2.5GW increase in PV installations in 2024.

The Middle East has become a key market for Chinese PV companies, both as a source of demand for hardware and also as a hotspot for new manufacturing hubs. Carrie Xiao reports on some of the latest developments in the region.

The deployment of grid infrastructure and energy storage is a key element to avoid delaying global energy transition, according to the International Renewable Energy Agency (IRENA).

Chinese PV tracker provider Arctech has secured a 1.5GW solar tracker supply agreement with Chinese state-owned energy company PowerChina.

PV Tech spoke to Bboxx chief commercial officer Amaury Fastenakels about the company’s work in 2024, and what it can expect in 2025.

Tunisia has announced the winners of tenders for over 500MW of solar capacity, including Qair International and Voltalia.

The US general election and its aftermath, along with struggles from Western inverter manufacturers have dominated Q4 news in 2024.

The demise of SunPower and the ongoing struggles of Maxeon dominated the news in Q3 2024, along with forecasts of a lengthy industry downturn.

Renewable energy is now a competitive alternative to fossil fuels, and more than 800 coal plants in smaller economies could be replaced by PV.