According to the latest report, Africa is a concentrated growth area for off-grid PV. It is expected that the off-grid solar market in Africa will flourish in the next few years. By 2020, the market size will exceed US$3.1 billion.
In fact, the African PV market is naturally attractive. The region is rich in solar energy, and 3/4 of the land can be exposed to vertical solar radiation. Solar power generation is highly available and has great potential.
It is understood that the current level of power development in Africa is relatively low. According to statistics, the per capita electricity consumption is only 200 kWh. In many countries, even below 100 kWh, about 600 million people are still in a state of no electricity. Large-scale photovoltaic ground power stations can supplement the power supply shortage of the local power grid. The photovoltaic off-grid system can break the shackles of no power facilities and support local basic household electricity.
The African newspaper once pointed out that Kenya, Tanzania and Ethiopia jointly occupy more than 60% of the off-grid PV market share in sub-Saharan Africa. Among them, more than 30% of Kenya’s population use off-grid PV products.
According to the financial report, by 2020, off-grid PV technology in Africa will no longer be limited to solar lights and off-grid charging kits. It is expected that 7 million African households will use off-grid solar fans and 15 million households will use off-grid solar TVs.
In addition, photovoltaic off-grid systems can also serve small and medium-sized enterprises.
Africa is becoming the most important solar development region in the world. According to the African Renewable Energy Program, 300 billion kWh of renewable energy installed capacity will be built in 2030 to meet half of the continent’s energy needs; by 2050, Africa’s clean energy will account for 16% of global clean energy. According to the report of the International Renewable Energy Agency (IRENA), the cumulative installed capacity of photovoltaics in Africa will exceed 70 GW in 2030.
In fact, the development of renewable energy is becoming a trend in Africa. The PV market is most promising in North Africa and Southern Africa, and many countries have introduced policies to encourage clean energy development. For example, Egypt and Kenya focus on developing new energy industries and encourage investment in public-private partnerships. Morocco plans to increase renewable energy to 42% of total installed capacity in 2020, encouraging foreign companies to invest in photovoltaics and wind energy; the Nigerian government is currently working on promoting the privatization reform of power companies, it is very attractive in terms of investment preferential policies.