Africa has been on a solar energy binge since the turn of the century, and the country has more than tripled the amount of solar power installed since then.
Solar power has grown so rapidly in Africa that the continent’s electricity sector now has a gross domestic product (GDP) of $8.3 trillion.
According to the United Nations, by 2020 the continent will generate enough energy to power nearly 20 million homes and businesses, with the most advanced installations generating 1,600 megawatts.
Solar power is now a major part of the continent.
The number of people who live on the continent who own solar-powered appliances has doubled since the year 2000, according to a report by the International Energy Agency.
By 2025, solar power will make up almost half of the nation’s electricity needs.
The U.N. report said solar power was the main source of electricity for almost all African nations.
The boom in solar power is partly due to a lack of competition, says Abdulla Al-Hazm, the executive director of the Energy Development Center in Accra, Ghana.
“We’re just in the middle of an era of a revolution in the way that people are consuming electricity,” he says.
“I don’t think there’s ever been anything like that before in the world.”
Solar power has attracted a lot of attention from the world’s leading investors, but Al-Haazm is skeptical about whether it will really change the world anytime soon.
He says the companies investing in solar have a limited understanding of the technology, which can be expensive.
Solar panels aren’t cheap, either.
The average installation price for a solar panel is $5,500, according the Energy Department.
The cost of installing a solar array is around $5 billion, and a new battery that can power a solar system can cost more than $100 million.
The solar industry in Ghana has been booming since the early 2000s.
In the past decade, solar panels have become cheaper, and Ghana has seen a spike in the number of solar projects.
In 2017, the country’s government approved more than 20 solar projects worth about $9 billion.
That’s more than double the number approved in 2016.
The rapid growth of solar energy in Africa is not necessarily bad news for the world.
Solar energy has been a boon for Africa’s economy, especially for the African region.
“It’s a way of making more money from a low-income country,” says Nils Schindler, a senior fellow at the Institute for Energy Economics and Financial Analysis (IEEFA) at the University of East Anglia.
“The technology is a way for Africa to be a leader in renewable energy.”
Solar energy is not the only way that African governments are making money off solar.
The African Development Bank recently awarded Ghana $15 million to help fund a new solar farm.
That investment will help Ghana increase its renewable energy capacity by 20 percent.
The new farm will generate nearly 3,000 megawatts of electricity, enough to power 5 million homes.
The Africa Solar Energy Development Association (ASEDA), an umbrella group for more than 200 African nations, says solar power offers opportunities for Ghana’s poor.
For example, the group says, Ghana’s electricity bills are among the lowest in the region.
The country has the highest electricity demand in the continent, and solar power helps alleviate that demand.
“You could get your electricity from the grid if you didn’t have solar power,” says Al-Maalouf.
“Solar power can help you cut your electricity bills.”
Solar panel manufacturing is also booming in Ghana.
Solar companies are starting to bring solar panels into the country.
“They have factories that make the panels and they can sell them to other manufacturers,” says Shubham, the Ghanaian solar expert.
“Then we get these panels made into solar cells and batteries.”
Al-Maarouf says Ghana has also begun using solar power to provide power to other countries, such as Zambia and the Central African Republic.
“Now it’s all about solar power, not electricity from other sources,” he explains.
The rise of solar is an important step forward for Africa, which has seen its GDP grow by about 8 percent annually in the past 20 years.
However, the renewable energy sector is still a tiny portion of the countrys economy.
Al-Harazm believes that by 2030, the African solar energy sector will have reached a tipping point and that more than 90 percent of the electricity consumed in the country will be produced from solar power.
The global trend is to shift towards renewables, says Shireen Choudhury, the head of the energy program at the International Renewable Energy Agency (IRENA).
“It looks like Africa is taking it seriously,” she says.
The continent is starting to realize the potential of renewable energy.
And it is also moving away from fossil fuels, she adds. “There is