Competition Commission keeping a close eye on solar energy industry

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The Competition Commission says it's keeping an eye on the absence of regulation on the increased use of solar panels and batteries.

Solar panels set up in a solar farm.

The Commission held its 17th annual conference under the theme “Towards Competitive Markets, Transformation and Deconcentration.” “As consumers in South Africa have had to make a plan essentially to minimise the impact of load shedding, so there’s been an upsurge in the use of solar panels, batteries and invertors by local businesses and also by homes. It has created a new market; there is an association now that’s even been established which has begun to do some standard setting. It’s an import market so most of these products are coming from other markets primarily China, Japan and Canada.

 

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Belgique Dernières Nouvelles, Belgique Actualités