• Egypt to build 1.1 GW solar plant with 200 MWh battery storage in Nagaa Hammadi • $479.1 million in international funding led by BII, AfDB, and EBRD • Project to
The Obelisk project, a 1-gigawatt solar photovoltaic plant coupled with a 200-megawatt-hour battery storage system, represents a major step in Egypt''s push to transition to
Ethiopia''s foray into solar energy generation was sparked by this wealth of solar resources, which also makes Ethiopia a desirable location for solar PV projects. Government
Ethiopia is increasingly identifying the urgent need to transition from traditional energy sources to more sustainable alternatives. Among these, solar energy emerges as a
FPL''s staggered deployment of these battery storage projects ensures a seamless integration into Florida''s energy grid. Phase One (2026): Seven sites will go live by July, with all projects in the phase completed by
Ethiopia, like much of Sub-Saharan Africa, is navigating a complex economic landscape shaped by inflation, fiscal challenges, and the need for human capital development. The World Bank''s latest Africa''s Pulse report
The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2026. The second phase of 564 MW solar in the second half of 2026.
The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2026. The second phase
Many African countries are currently exploring the use of solar and other renewable energy, with Ethiopia being a strong market for Solar industry and is currently focusing on developing the same. The Government is
The US Energy Information Agency (EIA) has forecast that power generation growth in the country up to 2027 will be driven predominantly by solar capacity additions, in its latest short-term energy outlook. The EIA
Solar energy is expected to play an increasingly important role in the global energy infrastructure. According to a research report by Mordor Intelligence LLP, the global
Our analysts track relevent industries related to the Ethiopia Solar Energy Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
January 2009 - The Government of Ethiopia received a €2 million grant to promote and pilot the use of solar and wind energy for water pumping in rural areas of Ethiopia, and initiate development of a long-term investment in these
For Sonagazi Solar, ACEN has earmarked up to USD 18 million to support its targeted annual output of 96 GWh. Meanwhile, in Australia, the company is developing the 400-MW-hour New England Battery Energy
Five Chinese firms invest $1.75B in Ethiopia''s solar and mining sectors, fueling industrial jobs, green energy, and export growth under economic reforms. Chinese $1.75B Investment Fuels Ethiopia''s Solar & Mining Surge In
Where is Toyo launching a solar cell plant in Ethiopia? The proposed solar cell manufacturing plant will be developed on a 31,500m² facility in Hawassa,for which TOYO has already
The new fiscal year runs from July 8, 2025, to July 7, 2026, and comes as the East African nation pushes ahead with wide-ranging economic reforms supported by the
Discover its location, benefits, and investment potential. 1. Deday Wind Farm The Deday Wind Farm Project, also known as Dicheto Wind Farm, is a key initiative in
Ethiopia has abundant renewable energy resources and has the potential to generate over 60,000 megawatts (MW) of electric power from hydroelectric, wind, solar and geothermal sources.
Production of the solar cell plant in Hawassa, Ethiopia, is expected to start at the end of Q1 2025. Image: Toyo Solar. Japanese cell and module manufacturer Toyo Solar plans to build a 2GW solar
In total, new solar projects in 2025 are expected to make up more than 50% of the planned added utility-scale electric generation for 2025. Combined with planned battery
Egypt and Scatec finalize $600 million financing for 1.1 GW solar-battery project, advancing Egypt''s renewable energy transition goal.
In this article, we''ll break down the costs and ROI of solar panels in the UK, exploring the factors that can impact the financial viability of solar energy investments.
With its sunny climate, Ethiopia is well-positioned to harness the potential of solar energy to meet its growing energy needs. In this blog, we will explore the future of solar energy in Africa, focusing on Ethiopia, and highlight
In total, new solar projects in 2025 are expected to make up more than 50% of the planned added utility-scale electric generation for 2025. Combined with planned battery storage capacity, the share is 81% of total
Ethiopia is increasingly identifying the urgent need to transition from traditional energy sources to more sustainable alternatives. Among these, solar energy emerges as a beacon of hope, poised to transform Ethiopia''s
In contrast to solar and wind, generating capacity for most other energy sources will remain mostly unchanged in 2025 and 2026. Natural gas-fired capacity growth slowed in
Solar power supplies most of the increase in generation in our forecast. We expect the electric power sector to add 26 gigawatts (GW) of new solar capacity in 2025 and
CVC DIF, the dedicated infrastructure investment strategy of leading global private markets manager CVC, is pleased to announce that it has agreed to acquire the
Ethiopia''s foray into solar energy generation was sparked by this wealth of solar resources, which also makes Ethiopia a desirable location for solar PV projects. Government Commitment The Ethiopian government is
By 2026, when production begins, Ethiopia will position itself as a low-cost supplier to a market projected to grow at 8% annually. "This isn''t just about energy—it''s about
The Ethiopian government aims to attract global investors as part of a broader plan to boost clean energy capacity. This initiative is expected to be the first of several, with
She mentioned that the country's focus is on the solar energy sector, where Ethiopia is investing 300 million USD in a project aimed at generating 300 megawatts of solar energy. It does not only support the country's renewable energy goals but also contributes to reducing carbon emissions and promoting sustainability, she said.
By improving energy access, solar energy can stimulate local economies, enhance educational opportunities, and improve healthcare services, thereby contributing to overall development. Moreover, the transition to solar energy aligns with Ethiopia's ambitious climate goals.
Among these, solar energy emerges as a beacon of hope, poised to transform Ethiopia's energy landscape and drive socioeconomic development. Significantly, the country has relied heavily on hydropower, which accounts for more than 90% of its electricity generation.
She emphasized that the country is actively pursuing a green economy by implementing extensive energy transition initiatives aimed at fulfilling its 2030 vision. She mentioned that the country's focus is on the solar energy sector, where Ethiopia is investing 300 million USD in a project aimed at generating 300 megawatts of solar energy.
