Ghana

Africa Climate Week (ACW) 2019, underway in Ghana – will address ways to strengthen the deployment of renewable energy resources as well as actions to curbing climate change related issues.

Although Africa is rich in renewable energy resources, penetration of renewables has lagged behind other regions. 

However, as costs have fallen the deployment of solar PV, concentrated solar power, and onshore wind has started to accelerate, albeit unevenly across the continent. 

The theme of this year’s ACW is, Climate Action in Africa: A Race We Can Win and the event will focus on building a strong regional foundation for climate action under the Paris Agreement.

Cost reductions of renewables

Utility-scale solar PV projects that were commissioned in Africa in 2018 achieved a weighted average cost of 0.122/kWh, some 40% higher than the global average. 

In contrast, onshore wind projects achieved competitive prices of $0.056/kWh.

Cost reductions are expected to continue to drop, however, and this makes renewables an increasingly attractive ‘win-win’ solution to drive sustainable development while meeting Nationally Determined Contributions (NDCs).