German PV group Conergy has entered the South African market for the first time, via a rooftop-PV installation.
The Hamburg-based company delivered a 62kW rooftop installation for self-consumption use at a facility for disabled people in Cape Town.
The 250 modules are expected to churn out some 97MWh of electricity a year at a cost of 0.81 rand ($0.09) per kWh.
That is 16% cheaper than the average 0.94 rand per kWh cost of electricity from South African utility Eskom, Conergy claims.
While the operators of the plant won’t receive feed-in support, they do get a rebate of 1.20 rand per kWh of electricity not taken from the grid at peak hours during the first three years after installation.
“The (South African) market is still in its infancy, but we expect strong future growth,” says Jörn Carstensen, responsible for international market development at Conergy.
In parallel with South Africa’s highly complex state support programme for renewable energy, a “net-parity” market without support is developing in the country, he added.