Name: Africa solar PV market outlook 2025
Brand: Wood Mackenzie
SKU: 202050
Price: 5990 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Market Report 30 May 2025

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Report summary

Our Africa solar PV outlook 2025 is a 40+ slide in-depth report which covers the key market drivers and challenges for utility-scale, C&I and residential solar development in the fastest-growing region globally. Hitting 163 GWdc by 2034, solar PV cumulative capacity in Africa is set to rise eightfold over the next 10 years. Driven by the accelerated adoption of rooftop systems and strong private market demand, South Africa will remain the largest PV market in the region through 2034. Egypt and Algeria will collectively install 33 GWdc over the outlook, in chase of strict 2030 renewable targets. Additionally, green hydrogen opportunities are on the rise and will drive additional market growth as plans start to materialise later in the 2020s.