Are Chinese solar companies eyeing Africa's 'Blue Ocean' market?

Photo:Xinhua Several Chinese solar firms, leaders in the global photovoltaic (PV) sector, are eyeing Africa's "blue ocean" market as the continent continues to deal with intermittent power shortages. Some 600 million people in sub-Saharan Africa live without access to electricity.

Why is powerchina launching a second-largest solar power plant in South Africa?

To complement these efforts, renewable power plants are coming up in different parts of the country and PowerChina, the state-owned Chinese energy behemoth, is taking advantage of this to expand its footprint in the sector after signing a contract for the second-largest solar energy plant in South Africa.

Why should China invest in Africa's green energy sector?

In addition, there is evidence of additional benefits of China's investment in Africa's green energy sector, with newly created jobs and training activities involving local staff.