Is it Time for South African SME’s to Flick the Switch to Solar?

September 15th, 2022 – The economic challenges in South Africa are daunting for most businesses. When coupled with the impact of load-shedding, there are compelling reasons why many small and medium enterprises (SMEs) are actively seeking out alternatives to the current reliance on a power grid that is not stable.

Right now, a wait-and-see approach is less appealing as many businesses seek to avoid the losses incurred during power outages, coupled with tariff hikes and the additional measures designed to work around these issues. The urgency to act is there and each stage of load-shedding costs the country hundreds of millions of rand, according to the Council for Scientific and Industrial Research. With that in mind, should SMEs make the switch to sustainable options such as solar?

There is no doubt that South Africa, with its burgeoning population, represents one of the most attractive off-grid opportunities in the world for mini-grids and solar technologies. The country also benefits from some of the most sustained sunlight in the world, and many have pointed to renewables as the answer to the country’s electricity woes.

More…https://www.itnewsafrica.com/2022/09/is-it-time-for-south-african-smes-to-flick-the-switch-to-solar/

Written by IT News Africa