South Africa Solar Photovoltaic (Pv) Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Solar Photovoltaic market is expected to reach 5000 MW by the end of the year and is projected to register a CAGR of over 11.17% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Presently the market has now reached pre-pandemic levels.
Key HighlightsThe South African solar photovoltaic (PV) market is moderately fragmented. Some of the major players operating in the market (in no particular order) include Canadian Solar Inc., Enel SpA, JinkoSolar Holding Co. Ltd, Renenergy South Africa Pty Ltd, and JA Solar Holdings.
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