“What you see in South Africa now is that the cost of solar [photovoltaics] and wind in the [Renewable Energy Independent Power Producer Procurement Program (REIPPP)] has achieved grid parity with the cost of Eskom new-build coal-fired power,” much sooner than market-watchers had expected.
In other words, it’s becoming cheaper to implement renewable energy in South Africa. “It’s helping to bring down electricity costs and it happens to be good for the environment.”
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In other words, it’s becoming cheaper to implement renewable energy in South Africa. “It’s helping to bring down electricity costs and it happens to be good for the environment.”
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