South Africa is a leader of solar power, especially because Africa, as a continent, has a long duration of sunshine. Africa receives many more hours of bright sunshine during the course of the year than any other continent of the Earth, with many of the planet’s sunniest places being situated here. Solar energy is one of the most readily accessible resources in South Africa, as the country’s solar-equipment industry is developing. This source of energy is a cleaner, and an often cheaper, variant of power that once deployed; provides South African institutions with an excellent opportunity to thrive.
Within South Africa, homeowners are also choosing to move to solar panels – rather than other energy sources – due to the increasing affordability and the wide range of benefits they offer. The only cost associated with the use of solar energy is the manufacture and installation of the components, which means that despite the large initial investment, there are no additional costs associated with their use. Renewable, non-polluting and available planet-wide, solar power contributes to sustainable development and job creation where it is installed.
South Africa has been particularly quick in turning to solar power as an energy alternative. Based on the government’s energy policy and The South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) , the aim has been to diversify away from coal and imported crude oil – helping to reduce climate change and save money. In recent years, nearly every aspect of social and economic policy in South Africa is being re-examined, reformed and redrafted, setting the country on a path of growth with redistribution. Energy policies are already responding to pressures to reduce emissions as energy investments are subject to greater environmental scrutiny.
South Africa has committed to an energy generation infrastructure development plan for 2010 to 2030, which is known as the Integrated Resource Plan. This plan shows the country’s aim to achieve 9600 MW of solar power capacity by 2030. Solar plants are now being developed throughout, which is an exceptional financial and environmentally solution for power. The next upcoming tender would be Round 5 which is expected 2019/2020.
Across the country, and worldwide, solar energy is becoming increasingly more affordable – compared to a few years ago when only large companies could justify the expense. The drop of the prices of solar power can be attributed to many factors, such as a rise in demand and a drop in production costs. Across the entire global market, the cost of renewables, for solar energy, in particular, are constantly falling. This rapidly declining cost is a sign that the world may be on the verge of a dramatic change in how we power our buildings and vehicles.
Here at the Phelan Energy Group, we are actively developing solar projects in 12 International markets, having 175 MW grid-connected in South Africa, 70MW operational in India, 250 MW under execution in the Middle East and Asia and a pipeline greater than 2000 MW in various global markets. Our work in South Africa is designed to meet the country’s energy demands, as well as improve the FDI. The founder of the business, Paschal Phelan, has become the largest privately-owned photovoltaic developer in South Africa, with a core vision for entreprenuership and responsibility for our environment.
If you would like some more information regarding the work we carry out, please make sure contact a member of our team by calling us on +353 1 669 4680. Alternatively, send an email to email@example.com and someone will get back to you as soon as possible to discuss how we can best meet your requirements.