TechInAfrica – To build solar energy in South Africa, the South African Photovoltaic Industry Association (SAPVIA) reports that it has invited the investment decision by Italian-based firm Enertronica Santerno to grow its assembling business in South Africa.
SAPVIA is the industry body representing solar PV (photovoltaics) in South Africa.
The Italian company, which has been a functional player in South Africa for over a decade, will contribute up to R17-million ($1.1-million) to upgrade the ability of manufacturing inverters for solar-oriented photovoltaic applications. The contribution includes capacity arrangements, with a maximum initial production capacity of more than 500 MW each year, progressively increasing to higher limit targets.
The inverters will accomplish the designated local substance value higher than 40%. Hence, it is surpassing the base necessities for public acquisition. Activities to carry out the plan are now set up and ready in the following five months.
A Viable Renewable Energy Sector
According to Niveshen Govender, SAPVIA COO, the crucial investment shows the enormous potential for the solar-oriented PV market in South Africa. SAPVIA is drawing in many global financial investors and showing the suitability of its environmentally friendly power area both in terms of monetary return and the ability of SAPVIA’s labor force to convey top-tier fabrication.
Govender added that localization, upskilling, and attention on guaranteeing genuine South African cooperation across the value chain is indispensable on the chance that SAPVIA and all people are all profiting with the compensations of the REIPPPP (Renewable Energy Independent Power Producer Procurement Program).
Luigi Guerra, Country Manager of Enertronica Santerno, indicates that the Group has effectively carried out assembling activities in the RSA in different areas related to sustainable power sources. In 2013, a construction plant was constructed (and afterward strongly destroyed) for the production of supporting designs for photovoltaic boards that provided steelworks for around 400 MW of boards.