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Africa’s renewable energy projects to shine more light in 2021

By The Africa Report
Posted on Monday, 15 February 2021 12:13, updated on Wednesday, 17 February 2021 13:33

Solar companies are rushing to fill Nigeria's energy gap. REUTERS/Amr Abdallah Dalsh

If you are looking for the way the wind is blowing and the sun is shining, turn to Egypt’s Benban solar park. The huge project, which will have the capacity to produce 1.8GW on completion, is proposing to sell surplus electricity at a tenth of the price of legacy power generators in Europe.

Talks are underway to build power connections to Europe and elsewhere in Africa. Other big solar plants in the pipeline are likely to be delayed by the economic uncertainty around Covid-19, says Jaakko Kangasniemi, CEO of Finland’s development finance institution, FinnFund.