Bloomberg New Energy Finance (BNEF) reports that “Renewable energy sources are set to represent almost three-quarters of the $10.2 trillion the world will invest in new power generating technology until 2040.” Even more significantly, across the Asia Pacific region (including the Chinese and Indian economies), BNEF reports that renewables will account for more than 60 percent of new energy investments, versus just 10 percent for coal and gas generation
In addition, the market for ‘green’ bonds — investment securities that generate money to be used for projects with environmental or climate benefits — has increased exponentially, with finance experts predicting that green bonds could be a $1 trillion market by the end of 2020.
WHAT DOES THIS MEAN FOR YOU?
Given the excellent natural wind and sunshine resources that Southern Africa enjoys, the opportunities for viable investment into small scale embedded generation (SSEG), micro- and mini-grids, small and medium-scale PV Solar projects, as well as the larger, utility scale wind and solar farms, will only continue to grow
This also means that just about anyone can enjoy the benefits of a PV Solar installation without having to commit large amounts of CAPEX (capital expenditure) to do so. Rooftop space has become valued ‘real estate’ which can have a real revenue value.
There are also a number of tax incentives available for business geared specifically for the installation of a PV solar generation plant.
CROWD FUNDED INVESTMENT OPPORTUNITIES
There are also now a number of investment platforms which allow the ‘man in the street’ to benefit from the upturn in the renewable energy market, by providing micro investment opportunities. You can invest in a single photo voltaic cell, a collector panel, or participate in a project at any level, with increasingly attractive returns. If you are interested in investing, please contact us.
Genesis Group's SSEG division, Touchpoint Energy, were contracted to help the developers of the Darling Green Estate to conceptualize and develop a unique energy solution for the estate. Touchpoint Energy assisted with a range of services from architectural input to the housing design, through to the establishment of the Darling Green Utility which provides a range of utility services to the Estate including a decentralised utility concept for the estate.
Touchpoint is developing the 6MW Darling Solar project. Genesis Eco-Energy Developments provided technical support to Touchpoint through-out the development process. The solar project will see the supply of electricity to the estate and has also secured a Power Purchase Agreement with the Swartland Municipality. In addition, the project aims to supply electricity to the City of Cape Town via the City’s new power procurement process that comes on stream in 2023.