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South Africa

This year, Eskom’s high-season Ruralflex tariff is R2.69 per unit, but options from Jaltech, one of the biggest solar funders, offer rates of around R1.60 per unit. That’s a 41% savings for farmers who go solar – excluding Eskom’s fixed costs and assuming no batteries are needed.
Rifuwo Energy Partners is a black-owned, controlled and managed Independent Power Producer (IPP) specializing in investments in renewable and clean energy projects. The company has secured a 50 million South African rand (US$2.8 million) equity investment from Rifuwo Energy Partners.
France-based global sustainable investment and asset management group Mirova has announced that it is making its first investment in South Africa, a $15-million long-term debt financing arrangement with South African renewable energy development company and independent power producer SolarAfrica Energy.
Experts warn of a future wave of hazardous waste, especially because South Africa lacks proper systems to reuse, recycle, or dispose of panels. With tonnes of solar panels being imported, experts warn of a future wave of hazardous waste. The problem? South Africa lacks proper systems to reuse, recycle, or even dispose of these panels responsibly.
While South Africa has enjoyed an extended respite from load shedding this year, there are other compelling reasons to accelerate the transition to renewable energy. The future reliability of our electricity system remains uncertain. Recent reports indicate that load reduction is frustrating communities, particularly in Gauteng.
VEERS Group, a black-owned and operated company with a firm track record in the energy sector, has formed a joint venture with AIKO, a solar technology leader, in order a bid to revolutionise the utility-scale and distributed solar sectors across South Africa.

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