• Apollo Africa has been granted an electricity trading license by Nersa.
• This will allow Apollo Africa to source cost-effective renewable energy for its clients.
• The company says it’s excited to be at the forefront of private electricity provision in the country.

Loadshedding may be a distant memory for South Africans but the threat of rampant power cuts still hangs over citizens.

To fully put the blackouts behind us, we need more players in the energy sector aside from Eskom and government agrees. The recently signed Electricity Regulation Amendment Act gives way for public participation in the energy sector by private entities. One such entity is Apollo Africa which was recently granted an electricity trading license by the National Energy Regulator of South Africa (Nersa).

“We’re thrilled to have our license and to be at the forefront of this new era in the energy sector. The Electricity Regulation Amendment Act opens unprecedented opportunities for competition and cost reduction in energy,” says chief executive officer of Apollo Africa, Jenna Harris.

“We’re moving full steam ahead with our first major wind project and are dedicated to providing our customers with the reliable, cost-effective power they need. Many of our customers have already invested in rooftop solar solutions, and we’re committed to supplying the balance of their energy needs in the most efficient way possible.”

The company says in a press release that it’s perfectly placed to capitalise on a changing energy market.

Said market is shifting toward a supply and demand dynamic where private providers can attract customers through competitive pricing. With Eskom looking to increase prices over the next few years, this may be good news for South Africans.

The company says it will source energy from sustainable sources with a view to delivering significant savings to businesses. This has the added benefit of reducing a company’s carbon emissions. This should be a major consideration for businesses what with legislation that will penalise businesses who don’t consider the environment in their activities.

“Apollo Africa plays a significant, leading role in the transition and change of South Africa’s energy sector, while providing customers professional support and world-class solutions, to access reliable and affordable green energy,” says Deon de Kock, chief executive officer of the Electrical Engineering Segment of Reunert which Apollo Africa is a part of.

“We are excited about Apollo Africa’s new licence, as their financial performance will make a key contribution to the Renewable Energy Cluster’s future growth and delivery against Reunert’s investment case. Apollo Africa augments Reunert’s renewable energy ecosystem; which offers converged renewables’ offering and solutions to customers, making renewable energy a key market differentiator.”

Apollo Africa says that by partnering with independent power producers and leveraging technical expertise it can offer customised solutions to meet the needs of customers.