Solar expert on Eskom's woes: 'We don’t need this chaos anymore'

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JOHANNESBURG — Just before his pre-Davos press briefing this week, President Cyril Ramaphosa meet with an Eskom task team to try deal with the headache that is our country's state-owned power utility. Eskom has been terribly run for years and after it asked for another massive price hike from regulator Nersa, it's set to continue to entrench itself as the most disliked company South Africa has probably ever had. Eskom is also an outdated machine, relying heavily on dirty coal to provide what electricity is left in the country. But strong alternatives are emerging in the solar space and if regulations were relaxed a lot more, especially amid ever-improving battery technology, the ability of solar to provide SA's energy needs could become more significant in years to come, according to Manie de Waal, the CEO of Energy Partners Solar. Here is what he has to say. - Gareth van Zyl Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Jan 2019 4AM English South Africa Investing · Business News

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