Installed Renewable Energy Capacity
Key Players
  • Ministry of Tourism, Industry and Energy (MTIE)
  • Directorate General of Energy (DGE)
  • Economic Regulatory Agency (ARE) (Agencia de Regulacao Economica)
  • National Water and Electricity Company (ELECTRA)
  • ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE)
  • ECOWAS Regional Renewable Energy Policy
  • Cape Verde National Energy Policy, 2008
  • Strategic Plan for Sustainable Development (PEDS)
  • National Plan for Renewable Energy (2015)
  • Cape Verde-Solar Irradiation and PV Power Potential Maps
  • IRENA RE Resource
  • Website for Cape Verde Data Portal
  • Website for African Development Bank
  • Website for World Bank Data
  • Website for Instituto National de Estatistica
  • Case Study: Sal Solar PV Project
  • Case Study: Santiago Solar PV Project
  • Mini-Grid Policy Toolkit – Case Study
  • Battery Energy Storage System in a 100% renewable network. Case study of Brava Island.
  • Market report on solar thermal water heating and drying of agricultural products
Graphs have been developed using HIGHCHARTS software under the Creative Commons Attribution-NonCommercial 3.0 License
Key Economic Indicators
  • GDP (current)
    USD 1.98 Billion
    in 2019
  • GDP growth rate (current)
    5.67%
    in 2019
  • WB Ease of doing business rank
    137
    in 2019
  • Foreign direct investment
    USD 105.3 Million
    in 2019
  • Lending interest rate to private sector
    8.19%
    in 2020
  • Domestic Credit to Private Sector
    58.18%
    in 2019
Key Energy Indicators
  • Electric power consumption per capita
    NA
    in 2014
  • Share of electricity from RE in grid
    20.21%
    in 2015
Sovereign Credit Rating
  • Standard & Poor's
    AAA
  • Moody's
    Aaa
  • Fitch
    AA+
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