12 Oct '17, 12pm

The state of solar power financing in Africa - Solarplaza

A large and persistent power deficit exists across the African continent; addressing this is key to achieving economic and social goals. A large and persistent power deficit exists across the African continent; addressing this is key to achieving economic and social goals. There is significant potential for solar power, both at the utility and off-grid scale, to help close this deficit, particularly given high solar irradiation in many countries and the falling price of PV equipment in recent years. Governments increasingly see both forms of solar power as central to their electrification targets. However, a range of challenges for both developers and lenders can constrain solar power financing. Whilst there are some shared challenges to financing both utility scale and off-grid solar (OGS), including the general absence of local commercial capital, the two sectors ultimat...

Full article: https://www.solarplaza.com/channels/markets/11728/state-s...

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