Jul 27, 2012
Solar solutions open self-generation prospects for firmsBack
Construction|AEG Power Solutions|AEG Power Solutions MD Trevor|Africa|Eskom|Flow|Industrial|Projects|Renewable Energy|Renewable-Energy|System|Systems|Africa|South Africa|Electricity|Energy|Energy Source|Equipment|Flow|Solar Energy|Solar Solutions|Solar-power Systems|Systems|Power
© Reuse this
The deployment of solar-power systems to provide businesses with sustainable, self- generated electricity is increasingly viable because solar power has become cost effective, says power equipment company AEG Power Solutions MD Trevor de Vries.
“Over the past number of years, there have been some significant breakthroughs in solar energy, specifically in reducing the production costs of solar power. The difference in the cost of a kilowatt produced by a solar array, compared with a kilowatt from Eskom, has grown smaller,” he explains.
“As things currently stand, it already makes good business sense for companies to invest in solar solutions, and things will continue to shift until the ability to generate electricity at an affordable price would be limited only by the amount of space you have,” he adds.
This is not a dream for a distant future, as a number of AEG Power Solutions customers worldwide are using the solar power equivalent of an on-site utility. South Africa, with its plentiful supply of sunshine, is fast gaining an industrial solar consciousness, with several of the country’s larger commercial and industrial companies considering solar as their primary energy source, avers De Vries.
“Each company that implements this system is not only releasing some of the pressure on the national electrical utility grid, but is also potentially generating power back into the grid. Solar energy can flow directly from the source to the consumer and any excess can be sold to Eskom. This changes the dynamics of how we view and use power,” De Vries points out.
As sustainability issues become more prominent in the business environment, renewable-energy sources, like solar, are increasingly regarded as necessary additions to any com- pany’s corporate social responsibility portfolio, he says.
AEG Power Solutions sponsors several community upliftment projects and has invested millions in the local economy by building a factory in the Western Cape that produces photovoltaic technologies for its green-energy systems.
“The construction of this factory strengthens our ability to offer solutions that benefit South Africa’s economy as a whole and demonstrates our dedication to providing sustainable, efficient outcomes for our entire ecosystem,” concludes De Vries.
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines (150 word limit)
Other Renewable Energy News
Article contains comments
Updated 55 minutes ago The United Arab Emirates (UAE) will provide Egypt with petroleum products worth $8.7-billion over a year starting in September, an Egyptian official told Reuters on Sunday. Egypt has struggled to curb its swelling budget deficit and meet its soaring energy demands,...
Updated 2 hours 39 minutes ago Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
This Week's Magazine
South African State-owned defence industrial group Denel has announced its fourth consecutive year of profits. The group's results for the financial year 2013/2014 were recently announced at its head office in Centurion, south of Pretoria. Revenues grew by 17%, net...
There is little opportunity for JSE-listed infrastructure company Group Five to grow shareholder value in the domestic market, says CEO Mike Upton. He says value can still be found in the private sector, in the renewable and industrial power sector, as well as in...
The National Association of Automobile Manufacturers of South Africa (Naamsa) has announced the event dates of the 2015 Johannesburg International Motor Show (JIMS). The event will take place from October 14 to October 25, 2015, at the Johannesburg Expo Centre, Nasrec.
UK engineering support services provider Babcock is set to deliver the largest order of global truck manufacturer DAF’s truck tractors in Southern Africa to bulk carrier road-based logistics company Ngululu Bulk Carriers (NBC), with 133 trucks to be delivered in...
Digital radio communications in the African local government space can open up the world, but have many challenges to overcome, notes integration and migration of legacy radio communications infrastructure with digital mobile radio company Emcom Wireless head of...