Renewable energy is fast becoming a global trend. From a South African point of view, we have not seen the same growth as we currently see globally, and this is due to certain stumbling blocks.
Now, with the newly released Integrated Resource Plan, there is a marked increase in the focus on renewable energy in South Africa. The aforementioned stumbling blocks are moving out of the way and other solar companies will have the opportunity to compete in the market.
When mobile phones first became available, nobody fully understood the importance of the new technology. Many people still used their landlines to phone one another. But only a few short years later, mobile phones radically overhauled the traditional telco industry. I believe that the same will happen within the renewable energy space, particularly the solar industry. Distributed generation, i.e. the ability to generate the power where you need it, came to completely change the future landscape of utilities and this is only the beginning. I will talk more in-depth about the above points in the coming months.
Read more......
Now, with the newly released Integrated Resource Plan, there is a marked increase in the focus on renewable energy in South Africa. The aforementioned stumbling blocks are moving out of the way and other solar companies will have the opportunity to compete in the market.
When mobile phones first became available, nobody fully understood the importance of the new technology. Many people still used their landlines to phone one another. But only a few short years later, mobile phones radically overhauled the traditional telco industry. I believe that the same will happen within the renewable energy space, particularly the solar industry. Distributed generation, i.e. the ability to generate the power where you need it, came to completely change the future landscape of utilities and this is only the beginning. I will talk more in-depth about the above points in the coming months.
Read more......
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