Big potential for solar energy in South Africa
Solar energy could be the perfect solution for South Africa’s problems concerning electricity price fluctuations and load shedding
Most areas in the country average more than 2,500 hours of sunshine per year, and average solar-radiation levels range between 4.5 and 6.5kWh/m2 in one day. The southern African region has sunshine all year round and the annual 24-hour global solar radiation average is about 220 W/m2. This means South Africa has one of the highest solar energy potentials in the world! At the same time, electricity prices are rising, and load shedding becomes a growing issue. So why not utilize this potential?
The future of solar in South Africa
The solar industry was able to cut costs dramatically in the past years because of economies of scale due to more solar projects and the costs of solar panels dropping significantly. Moreover, increasing demand for electricity and raising awareness about sustainability are also expected to further expand the solar PV market in South Africa.
The Council for Scientific and Industrial Research (CSIR) estimated a total of roughly 3,400 MW of capacity that could be deployed by the end of 2022, in the form of approximately 500 MW solar PV in the residential sector, 1,650 MW in the commercial and agricultural sectors and 1,300 MW in the industrial sector. Additionally, the country plans to install 18 GW of solar PV by 2050.
Let’s take part in this exciting journey together!
Source: Republic of South Africa, Mineral Resources and Energy Department; Mordor Intelligence; Engineering News