Africa's solar power revolution driven by China's investment

DW
DW
2M ago
The rapid growth of solar power in Africa represents a significant opportunity to address energy shortages and promote sustainable development. With continued investment and innovation, the continent can harness its abundant sunlight to improve energy access for millions.
Africa's solar power revolution driven by China's investment

Key insights

  • 1

    Chinese Solar Exports Surge: China exported 15 GW of solar panels to Africa in one year.

  • 2

    Nigeria's Solar Potential: Nigeria is emerging as a leading solar market, surpassing South Africa.

  • 3

    Affordable Solar Technology: Solar power costs have dropped significantly, making it accessible.

  • 4

    Net Metering Benefits: Net metering allows households to profit from excess solar energy.

A What happened
Africa is witnessing a notable increase in solar power adoption, largely due to the affordability of solar technology and a surge in Chinese exports. Recent data indicates that China shipped 15 GW of solar panels to Africa in just one year, significantly boosting the continent's solar capacity. Currently, Africa's total installed solar capacity is estimated at around 75 GW, with countries like Nigeria and Liberia taking the lead in this transition. Nigeria, in particular, is poised to become a major player in solar energy, as it shifts away from diesel generators. Despite challenges such as import taxes and bureaucratic hurdles, the economic viability of solar power continues to attract investment. The trend is expected to grow, providing much-needed electricity to millions lacking access in sub-Saharan Africa.

Topics

Business & Markets Economy Climate & Environment Sustainability Energy

Read the full article on DW

Stay ahead with OwlBrief

A daily set of high-signal briefs — what happened, why it matters, what to watch next.

Newsletter

Get OwlBrief in your inbox

A fast, high-signal digest of the day’s most important events — plus the context that makes them make sense.

A handful of briefs — before your coffee gets cold.

No spam. Unsubscribe anytime. We don’t sell your email.