Heading into winter, the impact for businesses is compounded, especially those in the mid-market sector. As well as the impact on business, the growth of imports in this space and lending solutions for businesses

 Guest: Itumeleng Merafe, Investec for Business

The solar energy sector has been fully embraced to offer some much needed relief to the market, crippled by loadshedding. According to research, the global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% from 2019 to 2026. In South Africa, there is no doubt that the need for certainty around business continuity, in addition to our geographical landscape, the move towards greener energy and government incentives, have fueled this market growth.

Questions

• What are mid-market businesses looking at when it comes to back up energy solutions?
• Lenders have created service offerings to cater to the solar energy need – please talk to us about this
• What do businesses operating in SA need in order to qualify for such financing?
• The growth of businesses in the solar import space – how are they fairing when it comes to meeting demand?