This week, SolarPower Europe, with the support of GET.invest – a European programme supported by the European Union, Germany, Sweden, the Netherlands, and Austria – held a webinar gathering African and European experts to shed light on the status and potential of solar & storage in Africa and its growth prospects.
Across the world, interest has been growing around Battery Energy Storage Systems (BESS) as a fundamental gearwheel of the energy transition towards a renewable-based power system. By providing flexibility, firmness and fast balancing services, BESS technologies provide all the conditions that are vital for maximising the integration of high shares of variable renewable energy sources, as well as the grid integration of electric transport.
The provision of grid reliability services and more energy independence are aspects that are particularly relevant in the Sub-Saharan African context, where issues of grid stability and availability remain major challenges. Considering the large synergies between solar and storage, massive investments in solar energy are expected in the African continent in the coming years and this constitutes a precious opportunity for the deployment of battery storage systems at all scales in a cost-effective manner. In this context, the webinar explored the current state of play of the solar & storage business case in Sub-Saharan Africa, including the competitiveness vis-à-vis conventional energy resources and the related policy framework, and discussed the barriers that pose a challenge to its deployment.
Chanda Nxumalo, Director at Harmatan Renewables spoke about South Africa’s RMI4P hybrid auction. Isaiah Nyakusendwa, Chairman at Renewable Energy Association of Zimbabwe Addressed the Current policy framework in Sub-Saharan Africa using Zimbabwe as a case study and Segun Adaju, President, Renewable Energy Association of Nigeria, adressed Nigeria as a policy case study. John Shija, Finance and Sales Manager Africa, BayWa r.e. addressed the perspective of a European Solar developer. Mark Hankins, GET.invest Finance Catalyst Advisor spoke about Business models, drivers & challenges across countries.
Watch the full webinar here.
This webinar was supported by GET.invest.
Photo © Econet Msasa