Preparing for the Boom in Green Financing in South Africa

The energy crisis in South Africa has reached a peak where 6 to 12 hours of power cuts a day are routine, with power grids on the brink of a collapse. The South African government has set in monition policy changes via the South African Renewables Initiative (SARI) and the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) that aim to create financing for renewable energy. Read this article to understand Zensar’s perspective on Solar Power adoption in South Africa as we elaborate on the financial services play, disruptive innovations in lending and financing, and how emerging technologies can boost green financing.