#IRENA 2025

Renewable Energy Is Now Cheaper in Africa Than It Has Ever Been. The Report That Proves It Also Explains Why Africa Is Still Paying More Than Anyone Else.

Africa had the world's largest solar cost reduction of any region between 2015 and 2025, 76% lower installation costs 77% lower electricity costs. IRENA's 2025 report shows that country risk explains 56% of financing cost variation across markets.