03 Apr '13, 1pm

Why Africa is Missing the Solar Power Boat #solarenergy

That Africa has massive solar resources is no secret, this has been discussed since the 1980s. As well, it is not a secret that solar prices are at an all-time low — at less than US$0.60/W. At the same time, electricity costs in Africa are among the highest in the world. And they are rising rapidly. Clearly, the global age of solar energy is dawning. This leads one to ask “Why isn’t Africa at the centre of solar commerce?” “Why are countries like the UK, with meagre resources that amount to less than a third of the equatorial blast of sun we enjoy here, installing more than the entire African continent?” A Market Transformation Going back less than 20 years, 99 percent of the PV business was off-grid. In 1995, when world production was only 80 MW/year, almost all solar systems provided power for applications far from power networks: remote telecomm sites, signalling sets a...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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Why Africa is Missing the Solar Power Boat

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