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Alongside the threat of higher stages of load shedding, there have been some developments that will provide a silver lining to the dark cloud that is SA’s energy crisis.
The newly released Integrated Resource Plan has scaled back on renewables, pumped up gas and is delaying the shutdown schedule of old coal plants, with the Department of Mineral Resources and Energy saying the cost of pollution is far less than the cost of energy shortages.
Standard Bank, Absa, FNB and Nedbank confirmed as participants in the energy loan scheme.
The import of panels this year alone is in the billions of Rands. Here’s how SA’s unlikely solar energy boom is weening us off Eskom.