🌍 Feed

✍🏿 Compose

South Africa adds 1GW of solar in 60 days as consumers seek to avoid blackouts ⚡ 🇿🇦

#government
#energy and natural resources
#energy
Acres of gleaming solar panels now shine from the rooftops of homes and businesses across South Africa as the populace seeks respite from power outages. The surge in installations has seen some 1000 megawats - the equivalent of a medium sized power station - added in two months, figures show.

Seth Onyango, bird story agency 


Preliminary data show the blackouts plaguing South Africa due to ageing infrastructure and insufficient investment, have triggered an unprecedented surge in private solar power installation. 


Estimates from state-run utility Eskom indicate that the rainbow nation added more than 1,000 megawatts (MW) of solar in just the last two months, according to news platform Semafor.


The increase in solar installations in two months to June 2023 is more than what was added in the preceding six months, highlighting not just South Africa's but the continent's solar power potential.  

 

“What you’re seeing in these numbers is households and the private sector taking matters into their own hands,” Wikus Kruger, director of the Power Futures Lab at the University of Cape Town told Semafor. “It’s being driven not by government policy per se, but by desperation.”


As a comparison, South Africa's nuclear power station, Koeberg, is rated at 1,860 MW, while 2022 figures place the entire installed capacity of East Africa's leading economy, Kenya, at just over 3,000 MW. 


The amount for the two months is also more than the total solar energy installed across all of Africa in 2022 (just under 1,000 MW).


South Africa has a total installed power capacity of over 60,000 MW but Eskom, which is responsible for most of that, currently struggles to provide half of its rated capacity and early in 2023 South Africa introduced a R4 billion (US$216 million) rebate scheme to encourage private solar installation.


Both homeowners and businesses are responsible for the massive increase in South Africa's rooftop installations and some of the country's biggest retailers have joined in, installing solar panels to 'blackout-proof' their establishments.


The country's Shoprite Group reported that in the 12 months to October 2022, it grew its installed capacity of solar PV systems by 82%. 


The 143,674m2 of solar panels it installed at 62 sites is the equivalent of 20 soccer fields, enough to power 3,735 households for one full year, according to the retailer. The solar power not only keeps its stores running but also eases pressure on the national electricity grid - and saved the retailer R16 million ($900,000) in electricity costs in the reported year alone. 


“We intend to build on this in the coming years to meet our science-based emission reduction targets, including net-zero greenhouse gas emissions by 2050,” Sanjeev Raghubir, Shoprite Group Sustainability Manager said on the firm's website.


With power outages likely to continue at least until the end of 2023, the surge in solar installations both at businesses and homes, looks set to continue. 


bird story agency

Top comments(0)

SEND

You may like this too...

Bird Story Agency

Despite a dip in overall funding levels, the continent is witnessing a marked increase in the number of ventures securing $1 million or more.
Apr 10, 2024

Bird Story Agency

Mozambique doubles down on growth with Africa's first dual benchmark rate cuts in 2024 as currencies across the continent score gains against the greenback.
Apr 5, 2024

Bird Story Agency

From ranking as the world’s worst-performing currencies in 2023, the Kenyan shilling and Nigerian naira have made significant progress. They are now among the best-performing currencies in the world for 2024, raising hopes for a lower cost of living in these countries.
Apr 2, 2024

Benjamindada

Explore how Leatherback's collaboration with YES BANK is revolutionizing remittances by enabling seamless Indian Rupee transfers worldwide, fostering economic growth and cultural exchange between India and Africa.
Mar 26, 2024

TechCabal

Access Bank's acquisition of National Bank of Kenya (NBK) marks a significant move in its East Africa expansion strategy, valued at around $100 million, pending regulatory approval. 📈💰
Mar 21, 2024

TechCabal

Nigeria's Access Bank strengthens its presence in Kenya with the acquisition of the National Bank of Kenya from KCB Group, marking its second Kenyan acquisition in recent years. 🌍💼
Mar 20, 2024

TechCabal

Nigeria's Securities and Exchange Commission (SEC) proposes a substantial increase in the minimum paid-up capital for virtual asset service providers (VASPs) to ₦1 billion, aiming to reshape the crypto landscape.
Mar 18, 2024

TechCabal

Chipper Cash, a prominent fintech company, announces layoffs and salary cuts after suspending its services in the US, highlighting a strategic shift towards focusing on its African markets.
Mar 16, 2024

TechCabal

Despite economic challenges fueled by hyperinflation and sanctions, Zimbabwean startups are resilient and forging ahead. Learn how they navigate funding constraints, access markets beyond borders, and embrace alternative financial technologies.
Mar 15, 2024

Bird Story Agency

Nongcebo Langa fell in love with wine after a chance encounter with a winemaker at a fair. She went on to study the craft at South Africa’s renowned Stellenbosch University and her passion and mastery of the industry’s technical processes has resulted in her creating award-winning wines, like the 2022 Delheim Gewürztraminer.
Mar 12, 2024
Home
Business Hub
Market Hub
You
By signing up you agree to ourTerms|About us|Market Hub|Business Hub|Deals Hub