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2017 Prospects for renewable energy in sub - Saharan Africa in the first half of the year

It is expected that the total installed capacity of new generation capacity in sub-Saharan Africa will reach US $ 212 billion between 2017 and 2030, while investment in renewable energy power generation capacity will account for three quarters of the total investment. The decline in the cost of renewable energy power generation technology will enable renewable energy power generation (including hydropower) to become the biggest winner of this change in investment trends. New installed capacity, renewable energy installed capacity will account for 71%. And because of the higher capacity of photovoltaic power generation capacity, the new installed capacity of all installed capacity of all new energy installed capacity ranked first. It is expected that during the period from 2017 to 2040, the installed capacity of photovoltaic power generation will reach 49GW.

Over the past six months, many new projects in sub-Saharan Africa are related to solar energy: despite the existence of monetary problems and no national guarantees, Ethiopia's recent three PV tenders have attracted 75 tenders, including Enel Green Power Such a bid for the old customers.

Namibia announced that Alten Energias Renovables of Spain will be responsible for the construction of the first power plant in China. At least four countries are or will be conducting PV project bidding. In addition, the World Bank's Scaling Solar auction project will be carried out in four additional markets in the region to ensure the installed capacity of 1.3GW PV projects.

However, the most successful renewable energy market in sub-Saharan Africa - South Africa, still faces the issue of policy uncertainty. The developers of the 37 winners in the fourth round of the "Expedited Bid" project may have to wait until 2018, when South African state power companies (Eskom) are able to sign their power purchase agreement (PPA).

This not only increases the developer's additional costs, but also reduces the clean energy investment across the region. Some manufacturers have been closed down.

• The cause of the escalation of power companies such as Eskom, including the decline in ratings and the constant replacement of leaders. In addition to the risk of the concession period, the Ghanaian government abolished the 20 power purchase agreements with a total capacity of up to 3GW, since the focus of the country's electricity market reform was on the purchaser of the concession period.

At the same time, South Africa is actively engaged in shale gas extraction due to delays in bidding projects. Affected by climate change, South Africa's large hydropower projects are worrying, and wind and solar energy costs are declining.

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