Are renewables showing growth?
The renewable energy sector is struggling all over the African continent due to access localised technical capability and access to affordable funding model.
“Renewables will receive considerable attention at African Utility Week and in Africa’s energy sector in the future. This is a topic that must be discussed as other kinds of projects like coal-fired generation have not delivered anywhere near that much in the last four years,” says Thomson Reuters Africa market development head Robert Fish
South Africa’s junk status will make it more difficult to access capital for solar PV projects however the financial benefit of embedded roof top solar systems for commercial and industrial companies is still very attractive.