Last month 200 businesses in the sector including developers, EPC, manufacturers, Government, utility companies and more, gave us their views on the future growth of the solar market in South Africa - and here are the results...
1 The biggest opportunity in the current market is in commercial & industrial PV (according to 45.7% of respondents)
2 93% expect strong market growth in the next 5 years (with 41.3% forecasting exponential growth)
3 Resolution of grid connection issues is of most importance to ensure continued growth (with more competitive financing and introduction of net metering coming joint second)
4 The biggest threat to the South African PV market is the reluctance of Eskom and municipalities (as cited by 60.6% of respondents)
5 71% feel that raising local content requirements is beneficial to the development of the market
6 58.6% are evaluating opportunities in Africa, with 21% already doing business there
*Results from the 'Solar Indaba 2014 Industry Survey'. Full report available next week
How to explore the opportunities in South Africa in 2014...
If you're looking to attract investment and secure new PV contracts in the African solar sector, don't miss the Solar Indaba on October 22-24 in Johannesburg! As South Africa's first official PV conference, it not only comes with the backing of the government, thus guaranteeing their participation in crucial discussions but as the industry’s first official PV congress, represents the biggest PV focussed networking event in the country.
<< Download the full brochure here >>
1 The biggest opportunity in the current market is in commercial & industrial PV (according to 45.7% of respondents)
2 93% expect strong market growth in the next 5 years (with 41.3% forecasting exponential growth)
3 Resolution of grid connection issues is of most importance to ensure continued growth (with more competitive financing and introduction of net metering coming joint second)
4 The biggest threat to the South African PV market is the reluctance of Eskom and municipalities (as cited by 60.6% of respondents)
5 71% feel that raising local content requirements is beneficial to the development of the market
6 58.6% are evaluating opportunities in Africa, with 21% already doing business there
*Results from the 'Solar Indaba 2014 Industry Survey'. Full report available next week
How to explore the opportunities in South Africa in 2014...
If you're looking to attract investment and secure new PV contracts in the African solar sector, don't miss the Solar Indaba on October 22-24 in Johannesburg! As South Africa's first official PV conference, it not only comes with the backing of the government, thus guaranteeing their participation in crucial discussions but as the industry’s first official PV congress, represents the biggest PV focussed networking event in the country.
<< Download the full brochure here >>
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