In this first part we put Africa’s energy transition into context, highlighting that each country brings with it a particular set of circumstances which will influence the potential energy solution. The continent will play host to renewable projects of all sizes across the renewable energy spectrum. As such, large scale solar projects have the potential to dominate the transition to clean and reliable energy in South Africa. Fossil fuels will be part of the solutionThe role of export finance in African renewable energy deals is growing - albeit slowly. TXF Intelligence revealed that in 2020, seven renewable power projects closed, with a total deal volume of $3.8 billion.

Source: The North Africa Journal June 10, 2021 08:26 UTC