Attractive Frameworks for Private Investments in the Renewable Energy Sector of Africa

Satisfying Africa’s tremendous need for energy will require huge investments in both the power generation and transmission & distribution (T&D) sectors. Accordingly to IEA’s Current Policy Scenario projections, the investment will need to amount to: 

⦁ 1409 billion USD cumulated for the period between 2018 and 2040 for new generation capacities, of which around 417 billion USD is going towards renewables (all technologies included);
⦁ One quarter of investments in new renewable energy capacity is expected to go towards wind and solar energy;
⦁ 767 billion USD cumulated for the period 2018 to-2040 for the development and enhancement of grid infrastructure both at transmission and distribution level.

Variable renewable capacities will play a prominent role with approximately 44 billion USD needed to develop wind and solar PV new generation capacities in the next ten years (2020-2030) and other 62 billion USD in the decade after (2030-2040).

Accumulated wind power investments in Africa between the year 2020 and 2040 will amount to 38 billion USD.

Download

To download this chapter of the Africa Handbook, please fill out the form below. 

Contact

Karin Ohlenforst

Director of Marketing Intelligence
Email

Jon Lezamiz

Chair of Africa Task Force 
African Market Development Director, Siemens Gamesa
Email

 

Scroll to Top