Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Africa’s solar energy potential makes for a bright future for renewable power
    Commodities

    Africa’s solar energy potential makes for a bright future for renewable power

    September 6, 20253 Mins Read


    UPINGTON, South Africa (AP) — Deep in South Africa’s Northern Cape province, south of the Kalahari Desert, a beaming light towers above dozens of solar mirror panels.

    The mirrors tilt to varying degrees throughout the day, tracking the sunrays and projecting them onto a tower. The tower houses a receiver that absorbs intense heat, boils water and produces high-pressure steam. This is then converted into 50 megawatts of electricity — enough to power over 40,000 households for 24 hours.

    The KHI Solar One project is one of many looking to add renewable energy to South Africa’s power grid, which is heavily reliant on coal-fired power stations.

    However, as hundreds of delegates prepare to gather in the Ethiopian capital of Addis Ababa for the Africa Climate Summit this week, it’s clear that many more such projects are needed to bring electricity to millions of people on the continent who need it and to fight the impacts of climate change.

    Africa’s energy needs

    According to the International Energy Agency, about 600 million people on a continent of some 1.5 billion live without electricity, leaving children without lights to study at night and homes without power for appliances.

    The World Bank estimates that Central and West Africa have some of the world’s lowest electrification rates. In West Africa, where 220 million people have no electricity, the electrification rate is as low as 8%.

    The lack of electricity also limits the continent’s access to quality health care, education and economic growth brought about by a sufficient and uninterrupted power supply.

    The continent’s embracing of renewable energy has been slow when compared to more developed economies like China, European countries and the U.S., which account for 80% of renewable power capacity installed worldwide.

    Only 1.5% of installed renewable power capacity is in Africa.

    Renewable energy potential in Africa

    According to a report by the United Nations released in July, Africa has 60% of the world’s best solar resources with the continent’s deserts and warm climate creating massive potential for solar projects.

    Despite this, Africa received just 2% of global clean energy investments in 2024.

    At a climate summit in January this year, African leaders committed to bringing renewable energy capacity in Africa to 300 gigawatts by 2030. That amount of power equals the output of about 114 large power stations — enough to power a large city or a small country. Meanwhile, the International Renewable Energy Agency projects that 90% of Africa’s power could be generated from renewables including solar by 2050.

    This includes other renewable energy sources besides solar, with countries like South Africa opting for an energy mix that includes hydropower and wind energy.

    China’s rising solar exports to Africa

    Some recent analysis of Chinese export data has shown that exports of solar panels to Africa have increased significantly over the last 12 months.

    A report by energy think tank Ember notes that imports from China rose 60% in the last year to 15,032 megawatts, with 20 African countries setting a record for imports of solar panels in a 12-month period.

    While the surge in solar panels had previously been buoyed by imports by South Africa, which went through years of power blackouts due to a lengthy electricity crisis, imports of solar panels from outside of South Africa tripled in the last 12 months.

    Increasingly, independent energy companies are seeing Africa as a market for solar products as they look to fulfill the continent’s energy needs.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Dorset Community Energy welcomes Government Local Power Plan

    Commodities

    US pressures global energy body to drop net zero modeling – POLITICO

    Commodities

    Europe should treat energy security as defence policy

    Commodities

    Energy Transfer’s Record Results Put Its 7.2%-Yielding Dividend on a Rock-Solid Foundation

    Commodities

    Household energy bills in Great Britain forecast to fall by £117 a year | Energy bills

    Commodities

    Energy bills set to fall by £117 a year from April for millions of Brits

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Stock Market

    Top Wall Street analysts prefer these dividend stocks for steady income

    Stock Market

    United Utilities verdict on whether Manchester will get a hosepipe ban this summer

    Fintech

    Yomoni simplifie le transfert des contrats retraite vers Yomoni Retraite+

    Editors Picks

    Tamannaah Bhatia breaks silence on claims of involvement in ₹2.4 crore cryptocurrency scam: ‘Fake, misleading’

    February 28, 2025

    Xcel unsure it can meet clean-energy goals at the cost it promised

    July 18, 2024

    Dow Jones dips as AI investments drive broader market gains

    November 3, 2025

    Why Commodities Are Set To Explode

    December 2, 2025
    What's Hot

    Analysis | What the changing dynamics of inflation could mean for UK bond markets

    October 23, 2025

    faites-vous partie des clients Revolut qui doivent déclarer leur compte ?

    April 11, 2025

    Cryptocurrency Market Volatility Rises as U.S. Stocks Turn Lower

    August 7, 2024
    Our Picks

    The UK regions where houses sell the fastest

    April 14, 2025

    NBA Commissioner Adam Silver says league will play games in China ‘at some point’ again

    October 10, 2024

    A near-term correction in the offing?

    September 3, 2025
    Weekly Top

    Singapore super-app Grab to acquire US fintech Stash

    February 18, 2026

    Copper prices must double to power the world’s clean energy future

    February 18, 2026

    Data breach at fintech giant Figure affects close to a million customers

    February 18, 2026
    Editor's Pick

    Circle demande une licence bancaire aux États-Unis après son introduction en bourse réussie

    June 30, 2025

    Des outils pour s’informer sur le projet éolien de Ventajou

    June 4, 2025

    forages sur le site de Boumadine

    July 9, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.