The right time for solar energy

Even though South Africa is still considered to be the most developed nation on the continent, the country is facing tremendous energy challenges like many other African countries. The Rainbow Nation’s energy provider Eskom is over indebted, operates mostly old generation facilities and struggles with an unstable grid. The utility provider is often not able to meet the country’s electricity demand and regularly implements “Load Shedding” – planned power cuts to avoid a breakdown of the system. In addition, Eskom is likely to implement a rise of electricity prices by 15 percent from July 2021 on after an increase of around 7 percent in July this year already. (more…)