The cost of solar energy batteries is on the decline, says expert Dominic Willis.
Willis is the CEO at SOLA Future Energy and says the adoption of solar energy could soon be less expensive.
He says the affordability of solar power will dramatically reduce the reliance on power utility Eskom, especially for medium and large businesses.
This is thanks to advances in battery technology and a drop in the costs of power storage components.
We can quite clearly see where the picture is headed.— Dominic Willis, CEO at SOLA Future Energy
You need relative scale to achieve these numbers, it doesn't quite work yet on the residential scale.— Dominic Willis, CEO at SOLA Future Energy
The cost trajectory is turning the wheel around. It's becoming a lot more obvious where our generation's technology will come from in the next 5 to 10 years.— Dominic Willis, CEO at SOLA Future Energy
Listen to the discussion on The John Maytham Show:
This article first appeared on CapeTalk : Drop in solar costs could change the game for renewables, says guru