Noa Energy Atlasby NuWatt

Capacity, finance and delivery

Market briefing

Current official estimates sit beside policy targets and investment models - but never in the same evidence bucket.

Unit rule
MW denotes capacity. GWh denotes energy. Approved, licensed, estimated and commissioned assets are not interchangeable.

25
% · 2035

Renewable electricity demand share

exactofficial-policy
Source: UNFCCC
30
% · 2035

Renewable electricity demand share

exactofficial-policy
Source: UNFCCC
250
USD million · 2024 approval

Committed project finance

exactofficial-policy
Source: World Bank

What the numbers say - and do not say

Distributed solar has become material

The NREAP estimates 1,190 MW of distributed PV in 2024. That is an official planning estimate, not a continuously reconciled national asset registry. Other studies use different totals and methods.

Scenarios remain conditional

The NREAP Realistic Scenario reaches 40% renewables by 2030. It depends on demand, reforms, finance, grids and projects. The Atlas therefore labels it “scenario,” not “forecast.”

Investment models reveal risk costs

UNDP’s updated DREI model estimates how public measures could reduce financing costs. Its USD 743 million figure is modeled private investment, not a committed pipeline.

Licensing is an intermediate milestone

The 165 MW solar cohort received Cabinet approvals in 2022. Readers should verify PPA effectiveness, financial close, construction and commissioning separately.

Segments represented in the metric ledger: Installed capacity; NREAP Realistic Scenario; NDC unconditional; NDC conditional; LRESRP; DREI scenario; Approved licences; IFI household survey.