03 Nov, 23

Africa’s Geothermal Power Sector Set To Overtake Europe

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Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing the critical role geothermal is set to play in meeting the continent’s rapidly growing energy demand. Rystad Energy’s latest projections reveal this significant investment will see Africa’s installed geothermal capacity surpass Europe by the end of the decade. Despite being home to only about 1 gigawatt (GW) of geothermal capacity in 2023 – half of Europe’s total – Africa’s total installed capacity will more than…

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