RenewAfrica.Biz is the definitive source for updates and market intelligence on the rapidly growing Renewable Energy sector of the African continent. As many African countries are experiencing a massive surge in economic growth, the demand for energy has been increasing exponentially. With close to 600 million Africans having no access to electricity, Africa is on a tremendous drive to ensure universal energy access before 2030. Africa has vast renewable energy resources in all forms. The drastic drop in renewable energy technology and lenders’ appetite to finance climate related investments means Africa is best positioned to leapfrog straight into cleaner energy and maximise its massive renewable energy potential.
RenewAfrica provides intelligent, focused content on renewable energy developments, investment opportunities, clean technology trends, policy and technical white papers. Our network of content partners around the continent and seasoned journalists ensure that thousands of decision makers are imbued with expert curated thought leadership content, research and critical analysis to make informed decisions.
Africa’s economy is growing at unprecedented speed. One of the core challenges as African countries continue to grow and develop is energy: meeting rising demand for power, transport and other uses in a way that is economically sustainable and safeguards livelihoods. Economic growth, changing lifestyles and the need for
reliable modern energy access is expected to require energy supply to be at least doubled by 2030. For electricity it might even have to triple. Africa is richly endowed with renewable energy sources, and the time is right for sound planning to ensure the right energy mix. Decisions made today will shape the continent’s energy use of decades to come.
Africa 2030, the International Renewable Energy Agency (IRENA)’s comprehensive roadmap for the continent’s energy transition, illuminates a viable path to prosperity through renewable energy development. Part of an ongoing global REmap 2030 analysis, Africa 2030 is built on a country-by-country assessment of supply, demand, renewables potential and technology prospects. It highlights possible roles for various renewable energy technologies across the five regions of Africa until 2030.
Africa can deploy modern renewables to eliminate power shortages, bring electricity and development opportunities to rural villages that have never enjoyed those benefits, spur on industrial growth, create entrepreneurs, and support increased prosperity across the continent. Modern renewables can also facilitate a cost-effective transformation to a cleaner and more secure power sector. Some technology solutions are relatively easy to implement but require an enabling environment, with appropriate policies, regulation, governance and access to financial markets. As a promising sign of things to come, several African countries have already succeeded in making steps necessary to scale up renewables, such as adoption of support policies, investment promotion and regional collaboration
