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African Market Analysis: Africa's Solar Power Grid will Increase Significantly

African Market Analysis: Africa's Solar Power Grid will Increase Significantly

Photo from ESI-Africa


According to the report, it is estimated 2,000 mini-grids in Africa and accounts 40% in solar projects.

The number of solar mini-grid projects is expected to grow from 2,700 units in 2017 to over 31,000 units by 2023 in the Africa and Asia markets, with 51% of these figures to come from Africa.

It was highlighted, that with an enabling environment and regulatory framework, by 2023, solar mini-grids are expected to scale rapidly to 16,000 sites.

In Asia, over 69,000 mini-grids have been identified (most of them being hydro or diesel).

According to the report summary, in Sub-Saharan Africa and to a lower extent in Asia, industry actors, public institutions and national governments are developing frameworks and associations that help the mini-grid market to maturate.

On the industry side, component manufacturers (e.g. Genset, Power Electronics, Batteries) are taking part in this market by either developing internal solutions (e.g. Energy Storage Systems or ESS, Power Conversion Systems or PCS, turnkey Mini-grid) or by taking stakes in existing actors.

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