Africa expects a boom of solar energy

The international renewable energy Agency (IRENA) published a report according to which Africa expects a boom of solar panels. This happens as a result of the decline in the price of technology PV production and investment in this promising industry. "Feasibility study for photovoltaic solar cells in Africa are as strong as ever thanks to the rapid decline in prices for technology," the report said. In particular, the authors argue that the total cost of installation for energy generated by the solar cells in Africa, decreased from 2012 to 61%, and now stands at $1.3 per watt, compared to the world average price of $1.8 per watt.





According to forecasts, in the next 10 years may reduce prices by 59%, which opens up a continent of great possibilities and will allow 600 million people in Africa to access electricity, which they still were denied.

Global solar revolution primarily affected the developed countries, then began to spread in Asia. Africa it until recently avoided, although the level of solar radiation here on 52-117% higher than in the same Germany. However, in 2014, Africa had produced 800 MW of energy from sunlight, and in 2015 and 750 MW. By 2030, IRENA predicts that this figure will grow to 70 GW.

The situation is highest in African countries, few power plants even on fossil fuels and create new infrastructure will have with zero. Many private companies are already trying to fill this niche. For example, one of the world leaders, company d.light, announced this week that it will invest $22.5 million in provision of solar energy in the developing world





Developing countries expect rapid growth in another industry — vintage. According to a report by McKinsey & Company, in the case of the introduction of the digital economy in Africa, Asia, Latin America and the Middle East by 2025, expects an increase in GDP of $3.7 trillion. In addition, it will create 95 million jobs. published

Source: hightech.fm/2016/09/23/solar-africa