· The continent accounts for only one per cent of the photovoltaic capacity installed worldwide (around 6.6 gigawatts (GW), as of the end of 2019.
· The Intersolar Solarize Africa Market Report 2020 focuses on markets in select African countries.
Intersolar Solarize Africa Market Report 2020, by the Becquerel Institute and the German Solar Association (BSW-Solar) with support from Intersolar Europe points out that Africa holds tremendous potential for solar photovoltaics. The conclusion is drawn by analysing the market conditions in 16 African countries projecting multiple potential scenarios for the future.
Despite Electrification and renewable energies remain the top priority of many African countries the continent accounts for only one per cent of the photovoltaic capacity installed worldwide (around 6.6 gigawatts (GW), as of the end of 2019. There is increasing awareness across the continent, of the need to boost the capacity and many countries are getting ready for ambitious solar photovoltaic projects.
The Intersolar Solarize Africa Market Report 2020 focuses on markets in select African countries. It covers the various aspects of the photovoltaics markets for 16 African countries, their individual regulatory conditions, and potential for photovoltaic installations.The first among the series included Senegal, Mali, Uganda, Madagascar, Kenya and Tunisia.
Among the countries which are already implementing projects include Egypt that completed Benban Solar Park in 2019 and Algeria that is planning to install photovoltaic systems with a combined capacity of 4 GW by 2024. Egypt’s Benban Solar Park, the largest solar park in Africa has a total installed capacity of 1.5 GW and six million photovoltaic panels, is also amongst the biggest in the world. Egypt is also planning to install another 3.5 GW of solar energy capacity by 2027. Kenya proposes to set up commercial photovoltaic installations with a total capacity of 500 megawatts (MW) and contracts were confirmed to build a solar park of the same size in Mali.
With a cumulative capacity of 600 GW by 2030, Africa has emerged as a very important region in the future global photovoltaic market.
