african market

IRENA Report: African Solar Costs & Markets

african solar costs markets

A new report from the International Renewable Energy Agency (IRENA), “Solar PV in Africa: Costs & Markets,” finds that solar PV is quickly changing the reality on the continent, which currently relies heavily on hydropower. The report states that “Solar PV module prices have fallen by 80% since the end of 2009, and PV increasingly offers an economic solution for new electricity generation and for meeting energy service demands, both on- and off-grid.” […]