Public Management

Africa has the largest floating PV power generating potential (report)

Africa has the largest floating PV power generating potential (report)
Tuesday, 13 June 2023 15:30

The report reveals that the continent has over 100,000 square kilometers of freshwater reservoirs that could be used for floating solar farms. Exploiting just 1% of this surface area would give a 100GW potential, more than eight times the continent’s overall installed solar capacity. 

Africa has the world’s largest floating solar photovoltaic generating potential, according to a report published on June 6 by the German Solar Industry Association (Bundesverband Solarwirtschaft).

Entitled "Solarize Africa Market Report 2023", the report reveals that the floating solar or floating photovoltaic generation process involves placing solar panels on a body of water, usually artificial and of very low environmental value, such as gravel pits, industrial lakes, or hydroelectric dams.

The most obvious benefits of this technique are the use of unused bodies of water where there are no conflicts of use, a yield 10% higher than that of land-based solar farms, favored by the cooling of the heated modules, and a significant reduction in the evaporation of water reservoirs.    

According to the report, the continent's enormous potential stems from its many freshwater reservoirs, which are ideally suited for  this type of new-generation photovoltaic farm. Africa has over 100,000 square meters of artificial freshwater reservoirs that could be used for floating solar power plants. “Using only 1 % of the surface area would translate into 100 GW -around ten times the continent’s overall installed solar capacity as of end 2022- of potential capacity and 167 TWh of yearly energy output,” the report notes. 

In several African countries, such as Zimbabwe, Sudan, Ethiopia, and Cameroon, the potential for solar power generation from floating farms even exceeds annual electricity demand.

11.6 GW of installed photovoltaic capacity

The German Solar Industry Association also reported that the cumulative capacity of floating parks has reached 5 GW worldwide in 2022.

Still in its infancy, the African floating solar power market has focused on experimental or commercial applications with relatively low capacity. Small floating power plants have been built in South Africa, Kenya, Burundi, and Tunisia. The largest floating solar park in Africa is due to be completed by the end of this year in Ghana. The 65 megawatts (MW) infrastructure is due to be installed on the Bui hydroelectric dam.  

The report also indicates that Africa receives an average annual solar radiation of 2119 kWh/m2, and its technical solar energy potential is estimated at 7900 GW. The continent thus possesses 60% of the world's best solar resources. But it is home to just 1% of the global solar-generating capacity

In 2022, around 1 GW of new solar capacity was installed on the continent, bringing installed photovoltaic capacity to 11.6 GW.

In terms of installed capacity, Africa's photovoltaic champions are South Africa (5826 MW), Egypt (1704 MW), Algeria (435 MW), Morocco (318 MW), Kenya (307 MW), and Angola (297 MW).

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Bill aims to protect depositors and strengthen financial inclusion Microfinance institutions serve 1.58 mln clients with CFA158 bln deposits Mali...
Afreximbank and KCB Group sign $800 mln financing deal for Vipingo SEZ Project targets industrial, agro-processing, logistics and value-added...
The OPEC Fund approved $576.5 million in loans for nine African nations to finance reforms, infrastructure, energy, and agricultural value...
Rwanda’s GDP grew 7.8% in Q2 2025, up from 6.5% in Q1, driven mainly by services (50% of output). A GDP rebasing to 2024 raised the...
Most Read
01

From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...

Africa's Boundless Future: How a simple mobile phone became a pocket bank for millions
02

Malawi votes in high-stakes presidential election Tuesday Economic crisis, inflation dominate vot...

Malawi’s Election Puts Incumbent Chakwera to the Test on Inflation and Fuel Shortages
03

Even though it remains the smallest "crypto-economy" in the world, sub-Saharan Africa shows that vir...

Sub-Saharan Africa Crypto Transactions Up 52% to $205B on Inflation, Inclusion Push
04

• UBS raises 2025 gold forecast to $3,800 amid rate cut bets• Gold hits $3,643/oz; silver ...

UBS and Goldman Sachs Lift Gold Forecasts, Seeing Path to $3,800 and Beyond
05

• Only six of Nigeria's 13 listed banks currently meet the Central Bank of Nigeria's (CBN) new recap...

Nigeria: Six Listed Banks Already Meet New Recapitalization Threshold
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.