Nigeria’s Electricity Regulation Commission (NERC) has approved a new regulation that gives distribution companies licences to use mini-grids to accelerate electrification across the country.
Despite regulatory ambiguities, the general consensus from industry stakeholders at this year’s Solar Energy UK | Clean Energy Live exhibition is that Africa’s solar sector is ripe for new entrants, posing a significant opportunity that should not be missed.
Subject to regulatory risks and financing issues, the potential for solar deployment in Sub Saharan Africa is exponential, with the rooftop sector set to explode, according to Solarcentury’s Daniel Davies and other panel experts at this year’s Solar Energy UK | Clean Energy Live show.
The European subsidiary of leading module manufacturer Yingli Green has partnered with climate change charity SolarAid to launch an affordable solar-powered light for distribution in rural Africa.
A new government MoU signed with multinational developer Gigawatt Global in Liberia and a strategic partnership between Italian oil giant Eni and Algerian state-owned firm Sonatrach have resulted in plans for 10MW solar PV plants in the respective countries.
Experiencing some of the highest irradiation hours on the globe, Africa has potential to reach more than 70GW of solar PV capacity by 2030, a new report by the International Renewable Energy Agency (IRENA) has said.
d.light, a solar solutions provider for communities without access to reliable power, has secured US$22.5 million in new financing to grow its PayGo business into additional off-grid territories.
Africa remains one of the most difficult markets to penetrate, riddled by bankability issues and a distinct lack of the right kind of strategic partnerships. To expedite and support solar investment on the continent, SolarPower Europe and the Africa-EU Renewable Energy Cooperation Programme (RECP) have teamed up to facilitate business cooperation between African and European stakeholders.
