Marketing & Media trends
Energy & Mining trends
Construction & Engineering trends
CSI & Sustainability trends
HR & Management trends
- Key legal trends in Africa - Part 3Darryl Bernstein, Johan Botes, Kieran Whyte and Lerisha Naidu
- Key trade and investment trends in Africa - Part 2Ashlin Perumall and Janet MacKenzie
- Key trade and investment trends in Africa - Part 1Lodewyk Meyer, Marc Yudaken, Mike van Rensburg and Virusha Subban
Logistics & Transport trends
Marketing & Media trends
Tourism & Travel trends
#BizTrends2020: The rise of renewables in Africa
Various states are turning to using renewable energy as an approach to cultivate the green economy, while increasing access of sustainable power to remote and rural areas. The International Energy Agency (IEA) predicts that sub-Saharan Africa would need to invest $300bn to achieve universal electricity access by 2030. It also believes that the continent’s off-grid solar capacity will triple in the next five years.
Kenya is leading
According to the World Bank, Kenya is one of the leaders in using geothermal resources as a clean fuel for power generation. The country has the highest electricity access rate in the East African region and plans to expand on this, with the migration to renewable energy.
In 2018, the Kenyan government announced its goal to provide universal electricity access to its citizens by 2022. It further plans for its energy supply to come 100% from renewable sources by 2030. The country is making giant strides to achieving these goals.
In 2018, Kenya launched the largest solar power plant in East Africa. The Garissa Solar Park compromises of 300,000 solar panels and is expected to produce power for an estimated 625,000 homes, while reducing carbon emission by 43,000 tons annually. In addition, the Lake Turkana Wind Power is recognised as Africa’s largest wind farm, and is expected to increase the country’s electricity supply by 13%.
Construction is scheduled to begin on the country’s first hybrid wind, solar PV and battery storage park in 2021. The Meru County Energy Park will compromise of 20 wind turbines and over 40,000 solar panels.
Other African countries with energy woes are also looking at renewables as an alternative method to making electricity more accessible.
Uganda, for example, has built a solar plant which provides power to almost 40,000 rural homes in the country.
The Namibian government has also announced their plans to invest an estimated $63.9m on the construction of a solar plant in 2020.