Study set to shed light on increased access to solar energy
11 October 2018
In order to meet its aggressive renewable energy targets, the City of Cape Town is working to establish an appropriate business model to stimulate the uptake of solar photovoltaic (PV) systems. Read more below:
While the City has seen an increasing number of customers installing rooftop solar photovoltaic infrastructure costs are perceived to be prohibitive by most residents. As such the City is happy to announce that a letter of collaboration has been signed with the United States Agency for International Development (USAID) and the Southern Africa Energy Program (SAEP) to investigate appropriate mechanisms to unlock access to the benefits of this technology for more of Cape Town’s residents.
While investing in and rolling out renewables is the obvious way forward for a progressive city which is dedicated to growing its status as the green economy hub of Africa, the City is aware that certain barriers exist.
The City’s efforts to facilitate a move to sustainable models are necessary for creating an environment that allows for the private sector to move safely and legally towards investment into and adoption of these options. Solar projects will become more economically viable only if adoption rates are scaled up, solid public-private partnerships are formed and clear regulatory frameworks are put in place.