Beijing, China – Development Reimagined is proud to announce the release of a pivotal discussion paper, “Transforming Africa into a Photovoltaic Manufacturing Hub with China’s Support.” This comprehensive report outlines the requirements for developing Africa’s solar photovoltaic (PV) value chain and explores how Chinese stakeholders can support this development to position Africa as a leading hub for PV manufacturing.
Africa boasts the highest solar power potential globally, with numerous countries having ideal conditions for solar energy. The continent is on the verge of becoming a significant market for solar renewable investments. Investing in Africa’s PV industry and localizing the PV value chain will not only lead to substantial cost savings and efficiencies but also provide a crucial first-mover advantage for investors, both Chinese and international, seeking to expand into new markets.
As a global leader in PV manufacturing, China brings unparalleled expertise, technological advancements, and investment capabilities to support Africa’s transformation. The discussion paper identifies the existing gaps and needs across Africa for localizing the solar PV value chain at upstream, midstream, and downstream stages. Through a thorough evaluation using various criteria, the report focuses on South Africa, Egypt, and Rwanda for a deeper analysis, examining their current state, gaps, and challenges in the PV value chain. The paper also offers detailed recommendations for both Chinese and African stakeholders on effective steps forward.
This discussion paper aims to facilitate dialogue and collaboration between China and African countries ahead of the ninth Forum on China-Africa Cooperation, accelerating Africa’s renewable energy development. Other nations are encouraged to utilize the analysis and recommendations to support the growth of Africa’s solar industry and the expansion of renewable energy applications.
To access and download the full report, please click [here for English] and [here for Chinese].
For inquiries, please contact our global team of experts and consultants at clients@developmentreimagined.com.
