Kathy Gibson reports – Government will tomorrow announce support for the country’s biggest investment in renewables capacity yet.
He points out that there is currently no capacity to produce solar photo-voltaic panels locally, but a combination of financing and regulation will make it possible for innovators to make investments. Indeed, the share of South Africa’s total exports as a percentage of Africa’s exports has reduced by 20 percentage points as a direct result of load shedding.
The delivery workstreams needed to achieve these outcomes include: improving Eskom plant performance and strengthening the grid; accelerating new generation capacity, including private investment and SSEG; demand management; security of infrastructure; distribution and wheeling; and strengthening the transmission network.
“It is important that we build sufficient productive manufacturing capacity to meet the pipeline we are anticipating.”
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