Together these facilities represent a total investment of R7.8 billion.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.
On Thursday the National Energy Regulator of South Africa announced that during the third quarter of 2023 it registered 124 generation facilities. That sounds impressive, but collectively, these facilities will generate just 605MW of energy which accounts for far less than a stage of loadshedding.photovoltaic and solar PV with Battery Energy Storage System . During the third
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.
We’re not sure why Nersa doesn’t just refer to R7 753 million as R7 billion, but the largest portion of that figure came from the North West Province. Here, the eight facilities registered in the third quarter of last year will generate 372MW of energy. The province that stoked the least investment was the Northern Cape where only five facilities were registered generating just 1MW.
Nersa says that it has registered some 1 087 generation facilities since 2018 and we hope to see more registrations granted in 2024.Hypertext is one of South Africa’s leading technology news and reviews sites, catering for consumers, small and medium businesses and the technology channel. We publish original content daily and welcome your feedback.All original words & media by Hypertext by htxt.media are licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.