Thursday, June 16, 2011

SA solar PV uptake lags but Refit, solar park seen as growth drivers

"Despite the South African photovoltaic (PV) market expected to earn a revenue of $29.8-million by 2014, up from $21.6-million in 2010, the market would continue to grow at a much slower pace than many of its international counterparts, research consultancy Frost & Sullivan (F&S) said on Wednesday.

This would continue until such time that the renewable energy feed-in tariff (Refit) programme, which is in a waiting phase, is implemented. “The South African market will be limited primarily to off-grid applications, such as rural electrification, road signage, isolated farms and lodges and telecommunications,” said F&S in its ‘South African Solar Photovoltaic Market’ report." Read more here, on Engineering News
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