Solar power in South Africa: A look at the country's solar plants [Yahoo! Finance]
SLR Investment Corp. - Closed End Fund (SLRC)
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Source: Yahoo! Finance
South Africa once backed massive expansion in nuclear power as a way to meet its growing energy needs with clean power, with the technology forming the cornerstone of its 2010 integrated resource plan (IRP). But by 2018, the spiralling costs of nuclear power had led it to change in tack. Its 2018 IRP called for 5.7GW of solar power to be added to the grid by 2030, on top of the nearly 1.5GW currently in use in the country. Much of South Africa's solar industry is based in its Northern Cape region. With this major expansion of solar power imminent, what are some of the leading solar power plants in South Africa? Kathu Solar Park Kathu is the largest solar park in South Africa with a capacity of 100MW. Construction commenced on the plant in May 2016 and it began commercial operation in January 2019, with an operational life of 30 years. The park was estimated to cost $811m (ZAR12bn) and will save six million tonnes of CO emissions over the next 20 years. It will produce enoug
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