Over 1 GW Of Private Solar & Wind Projects Registered In South Africa In The First 2 Months Of 2023
BySouth Africa has removed some of the stringent requirements for companies to generate power for their own consumption. Before the amendment to Schedule 2 of the Electricity Act, anyone planning to produce their own electricity had to apply for a license if the power plant was larger than 1 MW. It was quite a process to go through all the steps up until the license was granted. It was initially proposed that this threshold be lifted to 10 MW.
It looks like South African businesses have responded swiftly to these changes as the latest figures from Nersa, South Africa’s energy regulator, show that there has been an exponential growth in the number of registrations of new generation projects by private companies in South Africa. To show just how much impact the new policy has had, in 2020, when the threshold was still 1 MW, about 53 MW of projects were registered throughout the whole year, according to data from Nersa.
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