africa

In 2024, 20 million people improved their access to energy through the acquisition of solar energy kits (SEKs), according to GOGLA.

TotalEnergies has commissioned its largest solar portfolio in Europe, a collection of five assets in Spain with a combined capacity of 263MW.

GCL Tech has received an environmental accreditation for a manufacturing facility, while Redsolar and CMEC-GL have announced new projects.

Scatec has announced revenues of NOK2.39 billion (US$230 million) and profits of NOK1 billion (US$96 million) in the first quarter of 2025.

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

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.

Toyo Solar plans to double its annual solar PV cell production capacity in Ethiopia, East Africa.

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.