R7.8 billion solar investment will generate 604MW

📆 09.03.2024 07:30:00
📰 htxtafrica

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Solar power facilities in the North West attracted the most investment according to Nersa's data.

to meet the needs of the country is no secret. However, addressing the energy crisis demands that additional generation capacity be built and in that regard, things are moving slowly thanks to solar investment.

quarter, solar PV generation technology was the most favoured technology, with 122 generation being facilities registered, with a total capacity of 604 MW and an investment cost of R7753 million. BESS technology has not reached maturity within the South African Electricity Supply Industry, with only two generation facilities, with a total capacity of 1MW and investment value of R4 million, being registered during the third quarter.

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R7.8 billion solar investment will generate 604MWSolar power facilities in the North West attracted the most investment according to Nersa's data.
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