Africa to double renewables capacity by 2030

From the newsletter

A report released this week by the International Energy Agency (IEA) projects that sub-Saharan Africa will add over 70 GW of renewable electricity capacity in the next five years, more than doubling the region’s current installed capacity. However, this growth will remain uneven, with South Africa accounting for over 40% of the region’s new additions.

• The country’s combination of utility-scale auction programmes, corporate power purchase agreements (PPAs), and a booming distributed solar market has positioned it as the region’s undisputed leader in clean-energy growth.

• Solar PV will drive the bulk of the continent’s renewable expansion, contributing nearly 80% of new capacity. The IEA attributes this dominance to falling costs, faster permitting, and growing social acceptance of solar energy.

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