Household solar power generation solar photovoltaic power generation system, solar garden lamp We make China's solar core energy 

RIFENG SOLAR TECHNOLOGY

Home > MARKETING GUIDES > Africa

Solar Market in Africa

2016-07-03 23:05:30 RIFENG SOLAR TECHNOLOGY Read

colorful_printable_africa_map.jpg

Solar Market in Africa


The African photovoltaic (PV) solar market is expected to grow by 10% over the next 8 years as a result of high prices in electricity and governments' increased initiative towards these power solutions according to a report published by Delaware, U.S.-based Global Market Insights, a global market research and consulting service firm. Growth of solar market would mean that solar will continue to play a major role - in fact a leading role so far - in renewable energy markets. It is also good news to investors in the sector, although according to the experts, more remains to be done in order to harness the full potential of solar energy. These include dealing with the much prevailing ignorance about solar being a viable powering option for communities, and leveraging better and innovative financing strategies.


At the same time, the wind market size is likely to exceed USD 130 billion by 2023, with European market leading the way due to increasing government policies favoring the investments.


This article from CLEANLEAP, website: www.cleanleap.com


Powered by MetInfo 5.3.19 ©2008-2018 www.metinfo.cn