The key drivers for Africa’s solar industry are policy impetus, market dynamics, technology and fuel prices, energy access and economic growth. However, the development of solar projects in Africa has been slow with only around 4 GW of new solar PV capacity added between 2010 and 2018.
At REGlobal’s 2nd edition of “Solar Power in Africa” conference, Martin Lyambai, Advisor, Renewable Energy and Private Sector Development, GIZ gave a presentation on solar power growth and outlook in the African continent. In his presentation, he discussed the growth trends, key drivers, and barriers; cost trends and emerging business models; and future outlook and the way forward.
