ENERGY STORAGE TECH STARTUPS IN CROATIA | BUHLE POWER
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According to a new analysis of China''s solar panel exports data from energy think tank Ember, solar panel imports into the continent jumped 60% in the 12 months through June
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China''s solar exports to Africa are surging. Over the course of the past year, Chinese companies shipped out solar equipment to a vast range of countries on the continent,
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China''s solar exports to Africa are surging. Over the course of the past year, Chinese companies shipped out solar equipment to a vast
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Rodger Bosch/Agence France-Presse — Getty Images China’s solar exports to Africa are surging. Over the course of the past year, Chinese companies shipped out solar equipment to a vast range of countries on the continent, according to an analysis of Chinese export data by Ember, an energy tracking group.
According to 2024 data from the International Renewable Energy Agency (IRENA), solar ranks among the cheapest energy sources worldwide, costing just $0.044 (€0.03) per kilowatt-hour (kWh) after prices for solar photovoltaic (PV) modules dropped by 90% in only 13 years. Africa has so far been a small solar power player.
Chinese solar equipment has been flooding African markets, partly as a ripple effect of the US-China trade war. It's one of several factors helping the continent gain traction with electrification. Solar power is widely recognized as an excellent solution for Africa.
Over just 12 months, China shipped solar panels with an overall capacity of 15 GW to the continent. "Everybody seems to be very bullish about solar in Africa," John van Zuylen, CEO of the Africa Solar Industry Association (AFSIA), a pan-African lobby group, told DW.