[Promoted] Overcoming hurdles on the path to renewable energy progress
With the continued pressing issue of load shedding, renewable energy in the form of localised solar systems stands as a viable and achievable solution for homeowners and businesses alike. However, recent developments reveal that large scale solar and wind farms might not be an instant fix for the country as a whole.
Of the initial 25 generation projects awarded, it has been confirmed that 12 have failed to reach financial close while a further 4 are awaiting financial closure. This is due to global events surrounding the Ukraine war and increased demand for renewable energy components causing financial difficulties for projects.The doubling of bid window 6 by Cyril in July last year from 2,600 MW to 5,200 MW was part of the energy crisis response plan.
Commentary that is aligned with this comes from Energy Expert Chris Yelland, who recently indicated load shedding will take place over the next 5 years and pointed to the declining trend of the Energy Availability Factor at aging coal power stations as the main cause.While challenges persist, the quest for renewable energy remains critical.
Hohm Energy is reliable, and has partnered exclusively with major Financial Service Providers and renowned financial/insurance brands. This unique partnership assures customers of unparalleled trustworthiness.Hohm Energy ensures a streamlined experience, guiding customers effortlessly from initial interest to post-installation stages. This is achieved through a dedicated solar concierge service led by Energy Advisors, Sales Assistants, and Customer Experience Agents.
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