Localisation will add to solar PV costs, but offers jobs and growth benefits
Engineering News – ONLINE
13 August 2013
Stipulating higher levels of localisation in the roll-out of solar photovoltaic (PV) solutions in South Africawould increase unit costs by between 6% and 9.5%. However, higher levels of job creation, especially in the manufacturing sector, could offset this downside risk, a new study shows.
In fact, the report, which was prepared for the Department of Trade and Industry (DTI), the South African Photovoltaic Industry Association (Sapvia) and the WWF-SA, calculates that higher levels of localisation could have an employment multiplier effect of between 40% and 50%, depending on the market segment analysed. Read more