Africa shifts focus to building institutions for renewable energy scale-up
According to a single-source report from the Associated Press, experts say Africa’s biggest clean energy challenge is shifting from building projects to building the institutions, markets and regulatory systems needed to deliver them at scale. This comes as renewables generated 34% of the world’s electricity in 2025, overtaking coal’s 33% share, and are expected to provide half of global electricity by 2030. Former New York City Mayor Michael R. Bloomberg, the U.N. Secretary-General’s Special Envoy on Climate Ambition and Solutions, announced a new $285 million Bloomberg Philanthropies initiative in late June to strengthen clean energy industries in emerging and developing economies. The initiative will invest in market design, regulatory capacity, technical expertise and industry institutions, rather than directly financing solar farms or wind projects. Experts cited in the report say many projects remain delayed by weak market design, limited grid planning, slow permitting processes and fragmented regulatory systems. The report notes that overcoming such obstacles is vital for securing access to power for the 600 million people in Africa who are yet to be connected.
What’s reported
Key figures
Sources: abcnews.com
