In 2023, solar PV module prices declined by almost 50%. The IEA posits that renewable energy will surpass coal-fired power as the world’s largest source of electricity generation in 2025. Renewable energy capacity surging globally, but not enough yetPower Pools to aggregate demand for African electricityDlamini sees regional power pools as the offtakers of potential energy, rather than individual countries. “The South African Power Pool is the most advanced and connected power pool on the continent. To support local manufacturing of solar and battery energy storage, Africa must add gigawatts of renewable energy and batteries, year after year.
