Despite regulatory ambiguities, the general consensus from industry stakeholders at this year’s Solar Energy UK | Clean Energy Live exhibition is that Africa’s solar sector is ripe for new entrants, posing a significant opportunity that should not be missed.
Subject to regulatory risks and financing issues, the potential for solar deployment in Sub Saharan Africa is exponential, with the rooftop sector set to explode, according to Solarcentury’s Daniel Davies and other panel experts at this year’s Solar Energy UK | Clean Energy Live show.
Africa remains one of the most difficult markets to penetrate, riddled by bankability issues and a distinct lack of the right kind of strategic partnerships. To expedite and support solar investment on the continent, SolarPower Europe and the Africa-EU Renewable Energy Cooperation Programme (RECP) have teamed up to facilitate business cooperation between African and European stakeholders.