South Africa’s energy crisis is fueling a boom in consumer solar panels. Their capacity has increased by 453% in just two years

South Africa’s energy crisis is fueling a boom in consumer solar panels. Their capacity has increased by 453% in just two years. According to Eskom, the state-owned energy monopoly, residential rooftop solar panels in South Africa “grew” by 2.6 GW in 2023. And over the past two years, their capacity has increased more than fivefold. South Africa is projected to become the world’s tenth largest market for consumer photovoltaic systems in 2024. Our experts estimate that the trend toward household autonomy and energy independence in South Africa is likely to continue for at least several more years, providing good export prospects for Russian manufacturers seeking to conquer growing overseas markets and their specialized niches. This, in fact, reflects Russia’s conceptual approaches to developing high-tech areas of production and export activities. The key questions of the African energy agenda and the participation of Russian companies in the implementation of joint projects are pla... Source: Roscongress Direct