Speaking at the Energy Indaba held at Gallagher Estate in Midrand, on Friday, SAPVIA chairperson Davin Chown highlighted solar energy as an untapped resource that can be used in ways that deliver economic benefits across the depth and breadth of South Africa.
“South Africa boasts an abundance of solar energy and is regarded as having some of the best solar resources globally all year round. It is an underexploited and underutilized indigenous resource with significant carbon reduction, watersaving and economic development contributions,” he said.
Further, solar PV is a free-fuel technology that can be deployed with relative ease all across South Africa and deliver benefits to economically distressed communities and areas where industries are closing down.
Importantly, solar PV is also now the cheapest source of new power generation technology, “something that cannot be ignored”, according to Chown.
With this in mind Sapvia believes that solar has the ability to foster new project ownership regimes – from large utility scale projects to community-owned projects.
“There is a desperate need to reignite South Africa’s economic growth. This can only be done through constructive collaborative partnerships between all social partners, with the objective of delivering benefits to communities across South Africa,” he averred.
In recognising the need to build new South African independent power producers (IPPs) and support a new generation of industrialists, in particular black industrialists in the industry, SAPVIA commits to work with government to build out 1 500 MW of PV a year, which will simultaneously deliver 1 380 carbon dioxide equivalent tonnes of carbon emissions reductions and thereby contribute to South Africa’s emissions reductions targets.
SAPVIA’s commitment will include facilitating the creation of South African solar IPPs and small and medium-sized enterprises - in particular women- and youth-owned businesses – support the creation of new black industrialists in the sector and promote investment and funding to achieve these commitments.