“Despite companies commencing exploration and development projects, planned capital expenditure in 2020–2021 fell from $90 billion pre-covid-19 to $60 billion,” the report titled Africa Energy Review 2021 reads. The consultancy firm reports that wind energy generation increased by 14% and solar energy generation increased by 13%, while total renewable energy generation increased by 11% in 2020 compared to the previous year. Solar capacity increased by 13%, wind capacity increased by 11% and hydropower increased by more than 25% in 2020 compared to 2019. “Total installed renewable energy capacity in Africa has grown by over 24 GW since 2013. This is a significant increase from the current renewable generation of just 1.79 EJ.
Source: The North Africa Journal November 05, 2021 19:18 UTC