Dallas, TX (PRWEB) December 15, 2013
In 2012, total installed solar power capacity across Africa reached 73 megawatts from 3 countries, representing 0.05% of all power capacity (conventional + renewable) and 0.25% of total renewable power capacity in Africa. The largest solar market was South Africa with 70 megawatts or 95.89% of total regional solar capacity.
Beyond this current installed capacity, there exist many opportunities for solar power developments across the region. This report assesses those opportunities from both a Solar Market and a Business Environment perspective, providing a comparative framework for analyzing the potential and relative attractiveness of national-level solar markets in Africa and for assessing macro conditions, access to market, national energy policy, growth potential of renewable energy and infrastructure considerations.
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Out of the 54 countries in Africa, 3 have existing installed solar power capacity, which combined, represent 0.07% of solar power capacity installed worldwide. The top 3 markets based on installed solar capacity are South Africa, Senegal and Eritrea.
Looking beyond pure installed capacity though, the top 10 most attractive solar markets in Africa however are South Africa, Ethiopia, Sierra Leone, Morocco, Sudan, Egypt, Mozambique, Eritrea, Kenya and Zambia, based on market attractiveness indices that range for the 10 countries from 57 - 88 with a median 67 (where 0 is least attractive and 100 is most attractive).
Most attractive indices are calculated using a MABA analysis employing over 100 variables reviewing the state of the local power market and macro and micro business operating conditions. Countries are then ranked comparative to all others worldwide.
At the regional level, Africa had a median market attractiveness index of 39 out of 100, compared to the leading region, Europe, with a median index of 83. This ranked Africa in 6th place amongst the 7 World regions (Africa, Americas, Asia, Eurasia, Europe, Middle East, Oceania). The range of indices for all countries in Africa was 0 - 88, World indices range from 0 - 100).
View Complete Table of Contents of Solar Power Opportunities – Africa report at http://www.marketreportsonline.com/300197-toc.html .
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