One of South Africa’s biggest retail landlords, ResilientReit, is currently one of the largest producers of energy from rooftop solar photovoltaic installations. Moneyweb Malls Solar
One of South Africa’s biggest retail landlords, Resilient Reit, is currently one of the largest producers of energy from rooftop solar photovoltaic installations. By the end of December, its local retail centre portfolio of 1.2 million square metres of gross lettable area was on track to have installations with a total capacity of 46.1MWp . This compares with Growthpoint’s FY23 target of 27.1MWp and Redefine’s 31.9MWp installed as at the end of February.
This illustration would’ve been premised on a 1MWp installation, given the regulations in place at that time. In a solution such as this, it said, “increasing the size of the PV [photovoltaic] installation to 4MWp would significantly reduce the energy required from the grid”. “With batteries, maximum demand could be reduced further. The batteries can store energy when there is excess PV generation and discharge in the late afternoon to reduce the grid draw and shave the peak.
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