China POURS $250M Into Ethiopia Solar HUB

Key Figures & Findings: Three Chinese firms are investing over $500 million to develop Ethiopia’s solar manufacturing sector, in one of the largest clean energy industrial pushes in East Africa. Shanghai-listed CSI Solar, majority-owned by Canadian Solar Inc., will inject $250 million into a new solar module and energy storage plant, while Hainan Drinda New Energy and Toyo Solar Manufacturing are setting up additional facilities. 

Future Implications: If delivered as planned, the influx of Chinese investment could turn Ethiopia into a solar technology hub for East Africa, fostering local manufacturing and research capacity. Yet, the long-term viability of these projects will depend on political stability in regions such as Amhara, Tigray, and Oromia, and the government’s ability to ensure reliable, low-cost industrial power.

Source: China Global South

Quick Take: Beijing’s cash, Ethiopia’s ambition — one of them will define who controls Africa’s clean energy future.