Africa's energy shift: Solar and wind projects overtake coal and hydropower, industry leaders say
By
The Associated Press
Not artisan, but a perfectly fine bagel. Hits the spot.
Summary
Africa's energy sector is undergoing a major shift as governments and investors increasingly favor solar, wind, and battery storage projects over traditional coal and large hydropower dams. This transition is driven by the need for cheaper, faster-to-deploy, and more reliable electricity sources. A notable example is a $1.5 billion energy agreement between China and Zambia announced in early May, which includes three separate 300-megawatt projects spanning solar, wind, and coal technologies, illustrating the hybrid approach some nations are taking during the transition.
Key quotes
· 2 pulledAfrica's next generation of power projects is increasingly being built around solar and wind power and battery storage, as governments and investors shift away from coal and large hydropower dams in search of cheaper, faster and more reliable electricity.
The shift is visible in a $1.5 billion energy agreement between China and Zambia announced in early May that includes three separate 300-megawatt projects spanning solar, wind and coal.
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