South Africa Deploys 961 MW Of Solar Between January And October-ja.artsignenergy.com

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South Africa deploys 961 MW of solar between January and October Dec 23,2024.

According to SAPVIA, South Africa added 961 MW of solar capacity in the first 10 months of this year. This compares with 2430 MW of new installed capacity in the same period in 2023. SAPVIA said the solar capacity added this year was made up entirely of private projects, noting that no publicly procured solar plants have come into operation since 2019.

However, 495 MW of utility-scale state-run solar power plants are under full construction and based on registration trends in the private sector, SAPVIA forecasts that the South African small commercial and industrial (C&I) solar market and the utility-scale market segment will grow at a quarterly rate of 8 to 15 percent over the next two years.

The association said it expects economic factors to drive demand for residential PV installations in the future, noting that demand-side incentives are being discussed nationally, with recommendations including: reinstating individual income tax incentives related to PV, overreforming the Energy Recovery Plan to make solar more accessible to middle-income households, and introducing a competitive energy on-grid credit program. These supply and demand dynamics are expected to generate stable, sustainable growth rates for the South African residential PV market in 2025 and 2026
Dr. Rethabile Melamu, CEO of SAPVIA, said that due to the growing demand for clean energy, South Africa's solar installed capacity is expected to grow from 6.68 GW in 2024 to 11.03 GW in 2029. With strong support from the government and private sector, South Africa's solar industry is poised for significant growth, making it an exciting sector in the year ahead. Thus, the solar mounting brackets are also expected to have a large demand.
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