South Africa: severe shortage of electricity, focus on photovoltaic development

    The South African photovoltaic market is relatively leading in the African market. The newly installed photovoltaic capacity is also growing rapidly. The price of the supply chain is rising. In addition, the country has a serious power shortage. The newly installed photovoltaic Solar Power For My Home capacity in 2021 is less than expected, only 23MW.

    It is expected that in 2022, the demand for photovoltaic installed capacity will usher in an explosion of 1.6GW. It is worth noting that issues such as supply chain price increases, power shortages, and financial settlement of photovoltaic projects may cause the country to delay the progress of renewable energy.