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INDUSTRIESMARKETSRenewableenergyinNigeria

CHAPTER01Overview

RenewableenergytargetsinselectedcountriesinAfricafrom2020to2030RenewableenergytargetinAfrica2020-2030,bycountryShareoftotalenergyShareofelectricitygenerationAlgeria(2030)Burundi(2020)CaboVerde(2030)C?tedIvoire(2030)Egypt(2020)40%21%%%%100%%42%20%%%Eritrea*50%70%48%10%35%%Gabon(2020)TheGambia(2030)Ghana(2020)Lesotho*80%%%%Libya(2020)10%54%7%Madagascar(2020)Malawi(2020)%%3Description:ManyAfricancountrieshavesetrenewableenergytargetssothattherewouldbeashiftintheenergymixtowardcleanenergyresources.Somenationswereparticularlyambitious.CaboVerdeaimedtogeneratepowersolelyfromrenewablesby2030,whileUgandastargetwastohave90percentofthetotalenergycomingfromrenewableresourcesbythesameyear.ReadmoreNote(s):Africa;2020to2030;*Targetyearwasnotprovidedbythesource.Thetargetyearforeachcountrydiffers.Thesourceexplainsthatrenewablecommitmentsseektomeetglobaldemandforcleanerenergywhileyieldingpowerforlocal[...]ReadmoreSource(s):EnergyCapitalPower

TotalrenewableenergycapacityinAfricain2023,byselectedcountry(ingigawatts)LeadingcountriesinrenewableenergycapacityinAfrica2023Energycapacityingigawatts602481012SouthAfricaEgypt10.626.71EthiopiaMoroccoAngola5.554.114.09Zambia3.333.22.982.74CongoDRNigeriaKenyaMozambiqueSudan2.351.87Ghana1.76UgandaZimbabwe1.221.224Description:SouthAfricahadthelargestrenewableenergycapacityinAfricaasof2023,reaching10.62gigawatts.Thiscorrespondedtojustover17percentofAfricastotalrenewableenergycapacitythatyear.Egyptrecordedthesecondbiggestcapacity,atroughly6.7gigawatts.Ethiopiafollowedwith5.55megawattsofrenewablecapacity.ReadmoreNote(s):Africa;2023Source(s):IRENA

TotalrenewableenergycapacityinNigeriafrom2011to2023(ingigawatts)RenewableenergycapacityinNigeria2011-20233.53.0

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