Page 42 - Energize March 2022
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VIEWS AND OPINION



        policies need to be designed to send market signals that unlock new business models and   and lifetime savings of more than1,3 Mt.
        mobilise private spending.                                                  SolarAfrica’s fully installed Tier 1 solar
           Moreover, existing capital will need to be redirected towards clean energy technologies   PV system requires zero capital investment,
        and a substantial increase will be required in overall energy investment. To achieve this,   while the agreement includes full
        government will need to place energy research, development and deployment at the core of   maintenance, monitoring and insurance
        energy and climate policy, says the IEA.                                  throughout the lifetime of the agreement.
           “The imperative is clear: South Africa must decarbonise its economy in the next three   This allows business owners to enjoy
        decades and transform it into a low-carbon, climate-resilient and innovative economy.  the benefits of clean energy from a solar
           “This transition also needs to take place in a manner that is just and simultaneously   PV system installed at their premises, at no
        addresses inequality, poverty and unemployment to ensure that no-one is left behind and   upfront cost.
        that our future economy is also socially resilient and inclusive,” reads the NBI report.  With a commitment to sustainable
                                                                                  development, SolarAfrica will remain
        SolarAfrica’s contribution                                                innovative leaders in renewable energy
        As years of mismanagement at energy utility Eskom results in continued power outages   developments, with a focus on impact
        and South Africa moves to commit to a net-zero energy future, domestic businesses are   investing and a keen interest in proactive
        increasingly looking to renewable energy alternatives to power their commercial operations.  environmental, health and safety
           Perhaps the most favoured alternative to state-supplied power, rooftop solar PV systems   management. To this end, we intend to
        are progressively being considered the most readily accessible off-grid energy solution in   work together with all our stakeholders to
        South Africa.                                                             contribute to the global net-zero goal.
           The first company in South Africa to offer solar financing through power-purchase
        agreements (PPAs), SolarAfrica’s solution enables business owners to reduce their monthly   Contact Bianca Swanepoel, SolarAfrica,
        electricity costs by up to 40% and become more sustainable organisations, without having to   Phone 012 881-4800,
        pay any upfront capital.                                                  bianca@solarafrica.com,
           SolarAfrica’s various solar PV projects have resulted in annual CO 2 emissions savings of 74,2 kt   www.solarafrica.com





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