17 October 2013
Electricity from solar power could be the cheapest in South Africa by 2020, according to a new report by Frost & Sullivan.
The study, commissioned by the South Africa Photovoltaic Industry Association (SAPVIA), found that state utility Eskom will be selling coal-fired electricity for R1.69/kWh (US$0.171/kWh) by 2020.
As the country continues to commission more PV, the cost of electricity from solar could fall as low as R0.74-1.26/kWh (US$0.075-US$0.127/kWh).
“That’s the pricing where we expect to hit grid parity, that could happen around 2018,” Davin Chown, president of SAPVIA and director at Genesis Eco-Energy and Mainstream South Africa told PV Tech. Read more
Solar energy to undercut coal in South Africa: Frost & Sullivan