Solar and Renewables
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The European Commission, an agency of the European Union (EU), has announced a €618 million ($673.6 million) Team Europe package aimed at accelerating Africa’s transition to renewable energy — a major boost for the continent’s clean energy drive.
The Nigerian government has approved a swooping sum of N70 billion ($47.5 million) for the implementation of a Mini-Grid Solar Power Project across 12 public universities in Nigeria
Nigeria has achieved a major milestone in its renewable energy journey as the country begins exporting locally manufactured solar panels to Ghana.
Saudi Arabia is set to invest €250 million ( about $275 million) in a solar-powered desalination project in Senegal, strengthening economic and development cooperation between both countries.
Foreign direct investment (FDI) in sub-Saharan Africa hit $70 billion between 2022 and 2025, with the energy sector leading the growth, a new McKinsey Global Institute report shows.
A $3.2 million solar project in Africa’s most populous nation is drawing global attention, spurring more than $7.8 billion in investments. Nigeria’s approach is now seen as a model for other emerging renewable markets across the continent.
Renewable energy adoption is growing rapidly in Nigeria, to the point where it could be described as a boom. This growth is no accident. It is being driven by government policies, market dynamics, and a shift in customer attitudes.
Africa holds 60% of top solar resources but under 2% of global renewable capacity. Investments and policies aim for 300GW by 2030.
A group backed by American billionaire, Jeff Bezos, the Global Energy Alliance for People and Planet (GEAPP), has successfully mobilised $4.2 billion to enhance renewable energy access across the Africa continent.
The contrast between the renewable boom in Nigeria and the high electricity tariffs has further deepened the line between the rich and the poor. Those who can’t afford mounting expensive solar have no other choice but to pay high electricity bills.
Norway’s Climate Investment Fund and pension giant KLP are investing NOK 850 million ($80 million) in South Africa’s renewable energy sector through a new platform, Anthem.
Angola has completed seven major solar plant network as part of its renewable energy initiative with the inauguration of Bailundo Photovoltaic Park in Huambo.
South Africa is stepping up its shift to renewable energy with a new policy aimed at liberalising the market and expanding access. But the question remains: can this be enough to end the cycle of seasonal load shedding?
West African nation, Liberia is set to inaugurate its first large-scale solar power plant in October 2025, a key step in the country’s energy supply and reliance on hydropower.
A Gambian-led venture, Cornerstone and Dubai-based Haji Al Shams Solar Energy, is set to invest $300 million to deploy solar energy across Senegal’s agriculture sector.
West African country, Gambia, has launched a pay-as-you-go solar energy project to expand electricity access nationwide and reduce reliance on fossil fuels.
Leading green hydrogen developer Hynfra has signed a framework agreement with the Government of Mauritania for an integrated green ammonia project valued at $1.5 billion in Nouakchott.
The Zambian government is inviting local and international investors to explore opportunities in the country’s renewable energy sector, specifically for utility-scale solar projects.
Africa has secured a landmark $100 billion investment commitment to accelerate renewable energy expansion and drive green industrialisation, following a major cooperation deal signed at the Second Africa Climate Summit in Addis Ababa, Ethiopia.
North African nation, Morocco, has inaugurated its first 13 MW floating solar plant on the Oued Rmel Dam reservoir to power Tangier Med Port.