The solar industry would have to match capacity building of the past 20 years every two years from now on to meet the COP27 target of tripling renewable energy generation capacity by 2030, Gregor Küpper, managing director of Solarworld, said during a recent media briefing in Cape Town.
Küpper said that total global new solar photovoltaic (PV) capacity amounted to 240GW in 2022 and increased by almost 100% to 440GW in 2023. At the end of last year, total global installed solar PV capacity amounted to 1,2TW.
He said the cost of solar power systems had fallen considerably in recent years, allowing solar power plants connected directly to the grid, without battery storage, to pay itself off in as little as two-and-a-half to three-and-a-half years.
In terms of generation costs, solar generation costs have come down to below R2 per kilowatt hour (kWh), which is roughly on par with Eskom's Ruraflex tariff, and much lower than the R7/kWh to R8/kWh it costs to generate power with diesel generators.
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The oxwagon: a symbol of work, endurance and innovation
The oxwagon has become synonymous with the Great Trek, but few people know that the oxen bartered by the Khoikhoi were actually well-trained animals that responded to voice commands. Lucille Davie reports.
How to treat horses suffering from piroplasmosis
Babesia equi in horses is a notifiable disease in parts of the US, but not in South Africa. It causes fatal anaemia, warns Dr Mac.
All-electric 'Jaecoo's Jimny' is coming to SA!
This cute all-electric off-roader is on its way to South Africa and we've had a quick drive. Here's all you need to know about the Jaecoo J6.
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Understanding the economics of aquaponics.
Leslie Ter Morshuizen explains the economics of aquaponics production and best-grown crops.
Mondi Zimele develops farmers
KZN business uses farming for economic development of province
Township agriculture, rabies campaign launched
In a push to ensure food security in communities, the KwaZuluNatal (KZN) government has implemented a comprehensive agricultural programme designed to stimulate township economies.
Demand for Australian lamb grows
Meat and Livestock Australia (MLA) has said that American demand for Australian lamb has risen significantly since December.
KwaZulu-Natal gains 180 agriculture graduates
Joy could be seen throughout the Olive Convention Centre in Durban, KwaZulu-Natal (KZN), as 180 students, the class of 2023, achieved a significant milestone at a joint graduation ceremony.
Farmers warned not to plant GM maize in Zimbabwe
Vangelis Haritatos, Zimbabwe's deputy minister of lands, agriculture, fisheries, water and rural development, has issued a stern warning to the country's maize growers that no imported genetically modified (GM) maize may be used as seeds.