The South African solar market registered 509 MW of new PV installations in 2016. The country’s cumulative PV capacity reached 1.47 GW as of the end of December. Meanwhile, the price of solar power has dropped significantly over the past five years.
The South-African investment company has acquired a 51% stake in solar EPC contractor Terra Firma Solutions. The company provides EPC services for rooftop solar projects in sub-Saharan Africa
The Adams and Pulida projects were awarded in the third round of South Africa’s REIPPPP solicitation, and this brings Enel to 323 MW of solar online in the nation.
IBC Solar has decided to take the plunge in the exciting South African market, by setting up its own subsidiary in the country with its partner maxx | solar energy, after undertaking a number of projects alongside the company.
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