News Formal

R7.8 billion solar investment will generate 604MW

  • 📰 htxtafrica
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 42. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

R7.8 billion solar investment will generate 604MWSolar power facilities in the North West attracted the most investment according to Nersa's data.
Source: htxtafrica - 🏆 42. / 51 Read more »