South Africa’s energy sector has undergone a remarkable transformation, RMB senior investment banker for infrastructure sector solutions Keith Webb says. The country, once plagued by loadshedding, has seen a huge expansion in renewable-energy capacity.
Industry organisation the South African Photovoltaic Industry Association (SAPVIA) welcomes the establishment of State-owned renewable-energy utility Eskom Green, but calls for assurance that access to the limited grid capacity will be shared equitably by all independent power producers and players. The establishment of Eskom Green recognises that utility-scale renewable energy and energy storage will be central to delivering long-term energy security, supporting economic growth and attracting investment into the country’s energy infrastructure.