> Solar panel imports will reduce fuel imports. The savings from avoiding diesel can repay the cost of a solar panel within six months in Nigeria, and even less in other countries.
> The solar panels imported into Sierra Leone in the last 12 months, would generate electricity equivalent to 61% of the total reported 2023 electricity generation.
A lot of people simply dont have electricity. They don't have grids. Night comes, it's dark. People are buying solar panels to get electricity directly. Now they can recharge lights during the day.
> China and India continue to build huge amounts of coal power.
One factor here is finance: companies make more money building coal plants. Banks loan the money so they can make money. Solar isn't as lucrative. It's the cheapest source of energy.
https://ember-energy.org/latest-insights/the-first-evidence-...
A lot of people simply dont have electricity. They don't have grids. Night comes, it's dark. People are buying solar panels to get electricity directly. Now they can recharge lights during the day.
> China and India continue to build huge amounts of coal power.
One factor here is finance: companies make more money building coal plants. Banks loan the money so they can make money. Solar isn't as lucrative. It's the cheapest source of energy.