• The mobile power bank market is expected to reach $28.5 billion by 2030, according to a report by Market Research Future. • According to Gauteng-based solar power company NexSolar, the cost of solar installation is anywhere from R63,000 ($3,654) to R200,000 ($11,600), depending on the size of the house and electrical output requirements. • reports that a battery storage of 12kWh would be needed for homes using 20kWh a day, as the average South African household uses 60% of electricity in the evenings. Hybrid inverters are also useful, as they can blend solar, battery and grid power. • Wetility, a hybrid solar solutions provider for homes and small business, offers a financing solution of monthly payment schemes – allowing people who were unable or unwilling to invest in solar upfront to reap its benefits. MultiChoice partnered with Wetility in 2021, now providing a platform its viewers to win Wetility solar systems through its customer reward program.
ALTERNATIVE POWER SOURCES
Dec 02, 2022
1 minute
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