Partners launch initiative to harness Africa’s renewable energy potential

Partners launch initiative to harness Africa’s renewable energy potential

Sustainable Energy for All (SEforALL), The African Climate Foundation, Bloomberg Philanthropies, the ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) have launched a collaborative new green manufacturing initiative to drive large-scale renewable energy manufacturing capabilities and investment in Africa.

The event was held on the main stage of the Abu Dhabi National Exhibition Centre’s Innovation Zone and featured remarks from Ghana’s Minister of Energy, Matthew Opoku Prempeh; Kenya’s Secretary of Energy and Petroleum, Davis Chirchir; and CEO and Special Representative of the UN Secretary-General for SEforALL and Co-Chair of UN-Energy, Damilola Ogunbiyi, among others.

The launch event on 17th January 2023 was accompanied by a new report outlining Africa’s Renewable Energy (RE) manufacturing landscape. It also outlined strategies for Africa to become a leader in RE manufacturing by ensuring long-term development.

According to available data, renewable energy accounted for 9% of total energy generated in Africa in 2020. North Africa currently leads the continent in terms of renewable energy capacity, with more than 4,000 MW. Once all under-construction projects are completed, Central Africa’s capacity is expected to more than double.

However, according to the PricewaterhouseCoopers report, progress is being made in this area. From 2019 to 2020, solar and wind capacity increased by 13% and 11%, respectively, while hydropower increased by 25%.

“Total installed renewable energy capacity in Africa has grown by over 24 GW since 2013”. Looking further forward, forecasts for 2050 predict an extra 27.3 exajoules (EJ) compared to the current 1.8 EJ.

Growth in the near future is “led by solar and wind projects in Egypt, Algeria, Tunisia, Morocco and Ethiopia”

West Africa will drive growth in the near future, with solar and wind projects in Egypt, Algeria, Tunisia, Morocco, and Ethiopia. West Africa, which includes Ghana and Nigeria, has only 100 MW of new capacity under construction, compared to 15,201 in Central Africa.

Sustainable Energy for All (SEforALL) is an international organisation that works with the United Nations and leaders in government, the private sector, financial institutions, civil society, and philanthropies to accelerate progress toward the Paris Climate Agreement’s Sustainable Development Goal (SDG) 7, access to affordable, reliable, sustainable, and modern energy for all by 2030.

Source: Energy Ghana

 

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