Climate Change Data

Environmental Metrics

ESG Focus Areas

• Renewable Energy
• Sustainable Development
• Economic Growth
• Job Creation
• Community Development

Environmental Achievements

• Africa added 3.7 GWp of solar capacity in 2023, the best performance ever recorded.
• Significant increase in C&I solar installations across the continent.

Social Achievements

• 964 healthcare facilities solarized in DRC in 2023, providing access to essential health services.
• Numerous initiatives to popularize productive uses of energy (PUE) in Cameroon.

Governance Achievements

• Egypt approved a national strategy for green hydrogen, targeting 5-8% of the global market and creating 100,000 jobs.
• South Africa's liberalization of distributed energy sources and the rise of wheeling arrangements.

Climate Goals & Targets

Environmental Challenges

• Data limitations on solar installations in Africa.
• Discrepancies between different data sources.
• Challenges in tracking C&I projects.
• Load shedding issues in South Africa.
• Lack of reliable utility companies and grid infrastructure.
• Financial strain on national utility companies.
• Intermittency of solar power generation.
• Logistical challenges in deploying solar systems in remote areas.
• Lack of access to affordable power for MSMEs in Nigeria.
• Aging grid infrastructure and limited capacity in South Africa.
• Nascent merchant power market in Southern Africa.

Mitigation Strategies

• Continued research efforts to improve data quality.
• Increased research capabilities to identify and track more projects.
• Assigning known projects to their year of commissioning.
• Government initiatives and tenders for large-scale projects.
• Private sector investments in C&I solar projects.
• Energy storage solutions to address intermittency.
• Careful planning and innovative delivery strategies.
• Partnerships with local financial institutions and awareness campaigns.
• Government initiatives to support renewable energy infrastructure.
• Policy relaxation of distributed energy sources.
• Virtual wheeling platform to open up the market for smaller generators and users.
• Private energy trading businesses to facilitate multilateral offtake.
• Investment in grid infrastructure and capacity.
• Development of standardized documentation and PPAs for wheeling projects.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• SDG 7 (Affordable and Clean Energy)

Initiatives contribute to increasing access to clean energy, promoting sustainable development, and fostering economic growth.

Sustainable Products & Innovation

• N-type solar panels
• Solar trackers
• Energy storage solutions
• Hybrid inverters