Solar is a booming market in South Africa, with households considering buying or renting solar systems to avoid power cuts. Data from Eskom shows a 350% increase in electricity generated by Small-scale Embedded Generation (SSEGs) through solar panels.
By August 2023, 4,481 megawatts of solar panels were installed, 2,500 megawatts more than last year. Understanding the differences between owning and renting a solar system is crucial in the pursuit of cost-saving and uninterrupted power supply.
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South Africa’s first fintech solar marketplace enables residential solar installers to grow their businessSouth Africa’s burgeoning solar industry is currently experiencing a gold rush as both solar installers and product suppliers rush to service the pent-up demand from homeowners desperately wanting to install solar battery back-up systems in order to maintain their lifestyle.
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