By 2030, the African photovoltaic market could grow to an annual expansion of 30 GW, report
Post date: 15/05/2019 - 17:06
In order to cover the growing energy demand on the African continent sustainable and cheap, a massive photovoltaic expansion is necessary. The attractiveness for investors in potential solar markets does not depend primarily on solar radiation - the local framework conditions, market access for foreign investors and political stability are more decisive. This is the result of a study entitled »Solarize Africa«, which was presented jointly by the German Solar Industry Association (BSW-Solar) and the Becquerel Institute.
According to the study, one of the major obstacles to greater photovoltaic expansion in many regions investigated is outdated and inadequate grid infrastructures. In countries with low levels of electrification, off-grid solar power and storage solutions could sometimes lead to electrification more cheaply than the expansion of electricity grids, says Gaëtan Masson, Managing Director of the Becquerel Institute.
Although government subsidy programmes and international organizations support the expansion of photovoltaics in many places, they cannot achieve nationwide electrification. Smart business models are needed for photovoltaics to become established in Africa. Even those who do not have the means for their own photovoltaic system must be able to benefit from solar power generation."
The installed capacity of all solar power plants on the entire African continent currently amounts to around five gigawatt. In 2018, slightly more than one gigawatt of photovoltaic capacity was installed. By 2030, the African photovoltaic market could grow to an annual expansion of 30 GW.
The market study »Solarize Africa« is available as a PDF (48 pages) free of charge in English for download at »www.solarwirtschaft.de«.