Is Madagascar a good place to invest in solar energy?

Betting on Solar Energy With all regions of Madagascar enjoying over 2,800 hours of sunlight per year, the Grande Île is the perfect location for development of solar power, with a potential capacity of 2,000 kWh/m²/year.

Does Madagascar have solar power?

Photo: World Bank With only a 15% connection rate, Madagascar faces a chronic lack of access to electricity, which hampers its economic and social development. However, there is tremendous potential in terms of solar power, estimated at 2,000 kWh/m²/year as a result of the 2,800 hours of annual sunlight the country enjoys.

Is decentralised solar power a cost-effective way to power Madagascar?

A costly expansion of the national electricity grid is a long way off and not the most cost-effective way either. Madagascar is one of the sunniest countries in the world with more than 3,000 hours of sunshine per year, so decentralised solar power supply to rural areas is not only easier but also cheaper.

How much electricity does Madagascar have?

A Crucial Resource for Economic and Social Development In Madagascar, only 15% of the population has access to electricity. In 2017, the country had just 570 MW of mainly thermal (60%) and hydroelectric (40%) installed production capacity. Furthermore, only 60% of this energy is truly available owing to poor maintenance of power plants.

Why do Madagascans need more electricity?

Many Madagascans have to walk for miles to recharge their mobile phones. Moreover, electricity also means more production and better food and health care. An expansion of the energy supply is therefore urgently needed, but the national budget is burdened by high subsidies for the country’s largest electricity supplier.

Does Madagascar have a power supply at night?

Lithium-ion batteries also provide power at night. Madagascar is the largest island state in Africa and the fourth largest island in the world. With the equivalent of 440 US dollars a year 1, the annual gross national income per capita is far below the average of the other African states south of the Sahara.