GreenCape has published an industry brief which explores solar PV for businesses in the Western Cape. The production of this brief is thanks to a partnership with Western Cape Government Department of Environmental Affairs & Development Planning. The brief is an update to a previous industry brief on the same theme (click), which highlights the ever strengthening business case for solar PV investment in South Africa.
The industry brief provides the following key insights:
- Solar PV reduces energy expenses and supports low-carbon business goals.
- Power Purchase Agreements (PPAs) eliminate upfront capital costs and provide predictable, lower rates.
- Systems can be installed across all Western Cape municipalities and the Eskom network.
- 20 Western Cape municipalities offer feed-in tariffs, allowing businesses to earn from excess energy.
- While renewable energy certificates can be sold separately, the returns are minimal, and selling them means that business can no longer claim the system’s environmental benefits.
The brief provides a roadmap to businesses looking to become more resilient and lower their carbon footprint.
To view the full brief, click on the PDF link or thumbnail at the top of this post.
For a broader view, read the Renewable Energy Market Intelligence Report which highlights opportunities, regulations, policies and barriers for the renewable energy sector in the Western Cape.