Nigeria is one of the most economically sound countries on the continent. Trailblazing in many ways including finance, infrastructure and employment, the country has up until very recently been a laggard when it comes to renewable energy. However, a newly-installed government is ensuring priorities are changing and frameworks are being put in place to exploit Nigeria’s clean energy prowess and close the gap between supply and demand. Segun Adaju, president of the Renewable Energy Association of Nigeria, discussed with PV Tech how the country is getting to grips with clean energy.
Monica Maduekwe, coordinator of Gender Mainstreaming at the ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) caught up with PV Tech to discuss ways in which the organisation is addressing existing barriers to equal participation, including utilising a US$1 million fund from the African Development Bank.
The US Trade and Development Agency (USTDA) has awarded a grant of more than US$860,000 to Ghanaian solar company Buipe Solar, in support of a feasibility study for a 20MW PV project in the north of the country.
San Francisco-based SunFunder is a solar finance business with a mission to unlock capital for solar energy in emerging markets. It primarily aggregates investment capital through its beyond-the-grid and Solar Empowerment funds, thereby giving accredited investors the opportunity to invest in their on-grid and off-grid solar portfolio. Andrea Griffin, SunFunder’s vice president of global business development, stopped by PV Tech to discuss investment, currency risk and energy storage in West Africa.
Alongside finance and political considerations, customer education has been identified as a key driver of Africa’s emerging commercial and industrial (C&I) solar sector, according to market experts.
Ghana Climate Innovation Centre (GCIC) executive director Ruka Sanusi and GCIC communications and marketing director Abdul-Nasser Alidu spoke to PV Tech about the work of the Centre, and how it is helping to bridge gaps in Ghana’s energy sector for local businesses, start-ups and entrepreneurs.
Zambian State-run firm the Industrial Development Corporation Limited (IDC) has invited expressions of interest for 150MW-250MW of solar PV capacity in Round 2 of the ‘Scaling Solar’ programme.
Africa cannot wait for the development of electricity infrastructure and should exploit more quickly deployable solutions such as solar PV, according to a report by Kofi Annan’s Africa Progress Panel.
Last week the EU’s Africa Renewable Energy Initiative announced 14 new renewable energy projects across the continent, representing 1.7GW, with a total potential investment of almost €4 billion.
