African PV market continues to heat up

According to the latest report released by Bloomberg New Energy Finance, Africa is an off-grid PV concentration growth area. It is expected that the African off-grid solar market will flourish in the next five years. By 2020, the market size will exceed US$3.1 billion.

In fact, the African PV market is naturally attractive. The region is rich in solar energy, and 3/4 of the land can be exposed to vertical solar radiation. Solar power is highly available and has great potential.

It is understood that the current level of power development in Africa is relatively low. According to statistics, the per capita electricity consumption is only 200 kWh. In many countries, even below 100 kWh, about 600 million people are still in a state of no electricity. Large-scale photovoltaic ground power station It can supplement the shortage of local grid power supply, and the photovoltaic off-grid system can break the shackles of no power facilities and support local basic household electricity.

The African newspaper once pointed out that Kenya, Tanzania and Ethiopia jointly occupy more than 60% of the off-grid PV market share in sub-Saharan Africa. Among them, more than 30% of Kenya's population use off-grid PV products.

According to Bloomberg New Energy Finance, by 2020, off-grid PV technology in Africa will no longer be limited to solar lights, off-grid charging kits, and it is expected that 7 million African households will use off-grid solar fans, and 15 million households will use them. Net solar TV. In addition, photovoltaic off-grid system can also serve small and medium enterprises.

Africa is becoming the most important solar energy development area in the world. According to the 'African Renewable Energy Plan', it is necessary to build 300 billion kWh of renewable energy installed capacity in 2030 to meet half of the continent's energy needs; by 2050, Africa's clean energy It will account for 16% of the total global clean energy. According to the International Renewable Energy Agency (IRENA) report, the cumulative installed capacity of photovoltaics in Africa will exceed 70 GW in 2030.

In recent years, the decentralization of the global PV market is obvious. The concentration of China's PV products export market continues to decrease. The situation of emerging markets continues to expand. Africa has also become an important market for China's PV 'going out'. For example, China Jingke Energy The company provided 1 megawatt of high-efficiency components for the Manono project, the largest off-grid photovoltaic power plant in Africa. During the Beijing Summit of the China-Africa Cooperation Forum in 2018, China and Africa also signed a number of clean energy cooperation agreements including photovoltaics.

In fact, the development of renewable energy is becoming a trend in Africa. The PV market is most promising in North Africa and Southern Africa. Many countries have introduced policies to encourage clean energy development. For example, Egypt and Kenya focus on developing new energy industries and encourage public-private partnerships. Investing; Morocco plans to increase the proportion of total installed electricity in power by 42% in 2020, encouraging foreign companies to invest in photovoltaics and wind energy; the Nigerian government is currently working to promote the privatization reform of power companies, with great investment incentives. Attraction.

The Chairman of the Federation of African Chambers of Commerce and Industry, Vajr, said that there are now free trade zones in the north, south, east and west of Africa, using a manufacturing subcontracting system and enjoying a tax reduction of 35%-55%. 'Like legislation or reform Africa has made positive progress.' Wajir said, 'Now Africa is a continent full of opportunities.'

In addition, financing is also the focus of the African PV industry. According to Egyptian Bank President Mohamed Etre, during the Beijing Summit of the China-Africa Cooperation Forum in 2018, the Bank of Egypt joined the China-Africa Union, and more will be launched in the future. Cooperation.

However, many industry insiders at the Beijing Summit of the Forum on China-Africa Cooperation also reminded that the African PV market needs time to be more rhythm. 'The cake is good', it is still necessary to pay attention to the risks. First, the economic and social development gap in African countries is large, conditions The markets in Tanzania, Kenya, Uganda and Mali are highly competitive. Secondly, the current framework and progress of renewable energy generation in Africa are different. In addition, some African countries have not yet fully established their regulatory and industry standards. These require investors to discriminate.

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