Top 10 Solar Companies in Africa

In this article, PF Nexus recognises the contributions being made to the energy transition by the Top 10 solar companies in Africa.

Africa stands at the cusp of a renewable energy revolution, poised to harness its abundant natural resources and leapfrog into a sustainable future. With over 60% of the world's best solar resources, vast wind and hydropower potential, and a treasure trove of critical minerals essential for clean technologies, the continent possesses unparalleled strengths to drive a green transition. Recognizing this immense opportunity, African nations have set an ambitious target to increase renewable energy capacity from 56 GW in 2022 to 300 GW by 2030. This bold vision promises to electrify millions, catalyze economic growth, and position Africa as a global leader in combating climate change. With this vision, the continent is gearing up to unleash a renewable energy transition that could reshape the energy landscape for future generations.

Solar energy is at the forefront of the global shift towards renewable power generation, playing a pivotal role as one of the fastest-growing renewable energy technologies. The versatility and scalability of solar, especially photovoltaic (PV) technology, allow it to meet a wide range of energy needs, from sustaining remote off-grid communities to providing electricity to major urban centers. Solar PV is the technology of choice for developers of utility-scale solar farms, distributed commercial and industrial (C&I) rooftop projects, and smaller residential rooftop projects.

As an emissions-free technology, solar energy provides significant environmental benefits, directly supporting several UN Sustainable Development Goals. Solar power is poised to play an increasingly central role in the global renewable energy transition as costs continue to fall and supportive policies expand.

Renewable energy has grown rapidly in recent years, becoming one of the world’s largest industries and overtaking even Oil & Gas. This green energy revolution has given rise to many major companies, with hundreds playing pivotal roles in the energy transition. Among these are project developers, renewable energy investors, and financial, technical, or legal advisory firms.

Explore our list of the top solar companies in Africa, driving the continent’s renewable energy future.

Finding investors or buyers for your solar projects can be difficult. Investors are often busy with assessing opportunities in their pre-existing developer network, which may make it harder for less well-known projects to break into the market.

Using a renewable energy asset marketplace like PF Nexus provides a more efficient and transparent way of identifying and securing collaborations between solar developers and investors. PF Nexus is used by over 6,300 professionals from >3,000 developers, investors, and lenders, constantly on the lookout for 'the right' renewable energy investment opportunities for them.

How does it work? Registering your account and submitting your project takes just 5 minutes. From there, you can receive introductions from interested partners directly to your inbox, eliminating the need for manual outreach and ensuring you connect with the highest calibre, most engaged investors for your deal.

To gain a competitive advantage for your renewable energy portfolio, get started with PF Nexus right now (takes 3 minutes).