During the first half of 2023, South Africa experienced a significant surge in its solar panel imports from China, reaching 3.4 gigawatts (GW).
, released on Thursday, underscored China’s booming solar photovoltaic exports, which saw a 33% increase to reach 114 GW within the first half of the year.
South Africa, in particular, stands out as the driving force behind import growth for Africa as a whole, posting an astonishing 187% increase. For households, there is an opportunity to qualify for a tax credit of up to 25% of the solar PV panel installation cost, with a maximum cap of R15 000. This incentive programme came into effect on 1 March and is slated to remain in place until 29 February 2024.
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