Neosun Energy recently completed a rooftop solar installation at Blue Ocean Dive Resort in KZN, South Africa. The on-grid system, finalised in July 2024, features over a hundred solar panels, providing a total capacity of 58 kW. It’s estimated to generate more than 88 MWh of electricity annually. This installation is expected to cut the resort’s electricity bills by around 55%. With a battery storage solution savings could potentially increase to 70-80%.
The global solar panel industry has seen remarkable growth, driven by advancements in technology and increasing demand for renewable energy. As of 2023, the global solar power capacity reached approximately 1,000 GW, marking a 22% increase from the previous year. The industry is expected to continue its upward trajectory, with projections indicating a global capacity of 2,000 GW by 2030. This growth is fuelled by declining solar panel costs, which have dropped by over 80% in the last decade, and increased adoption of solar energy in commercial and industrial sectors. Companies like Neosun Energy are capitalising on this trend, providing scalable solar solutions worldwide, as evidenced by their recent projects across 16 countries.
Neosun Energy is an international Solar EPC company providing Commercial Solar PV and Energy Storage Solutions (ESS) with capacities ranging from 200kW to 10MW for commercial and industrial projects worldwide. The company constructs solar power plants and ESS on a turn-key basis, covering all stages of construction including design, equipment supply, construction and commissioning.
By investing in solar energy, businesses can reduce their long-term operational costs, thereby boosting their profitability and competitive edge.
Neosun Energy operates two local branches in South Africa, located in Cape Town and Johannesburg. These branches bring the high-quality service of a global company with experience in 16 countries to the South African market while maintaining affordable prices for customers.
To find out more, get in touch with Neosun Energy’s team at:
+27 78 299 4226