Gigawatt Global plans 1,000 MW solar power in Africa by 2020 - CNBC Africa

Gigawatt Global plans 1,000 MW solar power in Africa by 2020

Special Report

by Reuters 0

The company aims to generate 1,000 megawatts of solar power in Africa by 2020. PHOTOS: JCI Solar/ Pakistan Today

This is after launching the largest photovoltaic field in East Africa at a village in Rwanda.

African nations are racing to mobilise funds to invest in new power plants and utilities after decades of under investment left huge swathes of their populations without electricity.

(WATCH VIDEO: Innovative thinking to save Africa from an energy crisis)

Located 60 km outside the capital of Kigali, the solar field built at a cost of 23.7 million dollars will produce 8.5 megawatts and increase Rwanda’s power generation capacity by about six per cent, said Yosef Abramowitz, Gigawatt’s president.

The money was raised from equity investors and lenders, he said, and the government offered strong incentives to build.

Abramowitz said other countries such as Burundi could benefit from the planned power generation expansion.

(READ MORE: Largest solar energy plant in Africa dawns in Namibia)

Power from Rwanda’s photovoltaic field will connect more people to the grid in the country of about 11 million people where only 22 per cent of the population have access to electricity.

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