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July 2015

Energy Efficiency, Green Building & IBTs

Bringing power to SA

R

EC, the largest European brand

of solar panels, is entering

numerousmarkets in Africa, be-

ginningwith East and South African re-

gions. With solar power uptake on the

African continent predicted to surge

over the coming years – 100 gigawatts

(GW) of solar installations forecasted

by 2030. REC is confident that with its

combination of high performing solar

panels, the established REC Partner

Program, plus training expertise for lo-

cal solar professionals, the company is

in an excellent starting position as the

solar industry gathers pace in Africa.

As industry expands and populations

grow, so does the need for energy,

and the high irradiation levels across

Africa put solar in pole position as a

potential source. With over 600million

people on the continent lacking ac-

cess to power grids, local solar energy

projects will give communities clean,

affordable power without the need for

large-scale, public-funded investment

in grid infrastructures.

There are also moves in the

region to reduce fossil fuel subsi-

dies, which in the past had a dis-

torting effect on competitiveness.

The prospect of higher retail prices

for fossil fuel-based energy will act

as a further incentive to go solar.

Some countries have already set their

sights on increasing renewable energy

sources: Ghana, for instance, aims to

meet 10% of its energy needs from

renewable sources by 2020. Reflect-

ing the demand for solar energy, REC

forecasts 75-100 megawatts (MW) to

be installed in the utility segment in

2016 in Ghana, 10 MW in commercial

and 1-2 MW in residential.

Luc Graré, Senior Vice President of

the East and South African regions at

REC, describes the outlook and chal-

lenges ahead: “Africa’s greatest growth

challenge is energy, and there’s a

serious need to quickly get additional

generation capacity in place to meet

increasing energy demands. We ex-

pect around 100 GW of solar panels

to be installed in the region by 2030,

with residential markets and turnkey

solutions offering particularly good

opportunities.”

“However, financing of investments

is generally critical, so it’s vital to

choose a supplier that is highly bank-

able. As the financially most stable

solar panel manufacturer worldwide,

our customers can rely on REC’s

sustainable business. Our long-term

success is based on highly reliable

REC solar panels, even in the harshest

climate conditions.”

REC will begin by opening regional

hubs in the East and South African

regions. To accommodate the mar-

kets’ demand for small-scale off-grid

power generation systems, REC will

be offering kit solutions for residential

installations and solar hybridboxes for

20-50kW installations.

The company also plans to intro-

duce the programs and structures that

have made its business so successful

around the world – for instance, by

establishing a network of RECdistribu-

tors as part of its successful Partner

Program. REC is also setting up the

REC Academy, a new service to train

distributors, who will in turn train

local solar professionals and seed

REC’s long-standing experience and

expertise into the region.

The company will participate

in the South African Solar Show

next year, one of the major events.

Munich, Germany – June 25, 2015: REC,

the largest European brand of solar

panels, is entering numerous markets

in Africa, beginningwith ECOWAS, East

and South African regions.

With solar power uptake on the Afri-

can continent predicted to surge over

the coming years – 100 gigawatts (GW)

of solar installations are forecasted

by 2030.

REC is confident that with its com-

bination of high performing solar

panels, the established REC Partner

Program, plus training expertise for lo-

cal solar professionals, the company is

in an excellent starting position as the

solar industry in Africa gathers pace.

For further information go to

www.recgroup.com