Posted by: Windfair Editors
Renewables Will See 30 GW Push in Africa in the Next Decade
Image: NASAOfficial Press Release MAKE:
African markets are expected to add 30GW of wind power capacity from 2018 to 2027
South Africa, Egypt and Morocco expected to maintain their regional leadership status as Ethiopia, Kenya and Tunisia become fast-growing wind power markets
Increasing demand for electricity, decreasing costs for wind power and an expanding track record of project execution strengthens the position of wind power in key markets in Africa. These factors catalyse growth in a region that reached about 5GW of cumulative capacity at the end of 2017. Development in Africa will result in an expected compounded annual growth rate of 19.8% from 2018 to 2027, with a varied scale and pace of wind market growth across the region. South Africa, Egypt, and Morocco are leaders in Africa’s wind power market and represent more than 85% of the continent’s installed wind... ... More: Official Press Release MAKE
- Keywords:
- Africa, MAKE, consulting, renewable energy, energy market, demand, electricity
