- Title
- Investigating long-term sustainability of financing photovoltaic systems, small scale inverters for the local communities in Soweto, South Africa
- Creator
- Mnyani, Siphamandla
- Subject
- Photovoltaic power systems
- Subject
- Solar energy
- Subject
- Sustainable development -- South Africa
- Date Issued
- 2024-04
- Date
- 2024-04
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/65197
- Identifier
- vital:74045
- Description
- The study explores the energy supply challenges faced by South Africa. The research was triggered by the decline of the social fabric and lack of economic development in communities such as Soweto due to energy crisis in South Africa. It also analyses the impact that the energy supply challenges have on communities, as well as socio-economic development, employment opportunities and human development. Hence, it provides the nexus between the feasibility of funding photovoltaic (PV) installations, supply of clean reliable energy, socio-economic development, and environmental sustainability. An in-depth literature review was conducted to obtain insights into various funding mechanisms that were adopted in Asia and the Andean countries for the installation of renewable PV systems to provide electricity in marginalised communities, with the aim of achieving sustainable development. This study was conducted using quantitative research methods, which consisted of collecting data from Soweto residents and using probability sampling method, 92 of the respondents completed the survey. The data collected was analysed using data analysis techniques such as, Pearson correlation test, Chi2 and sample T-testing analysis which were conducted to help the researcher to create knowledge and better decision-making and allowed for multiple measurements to be analysed simultaneously. The results obtained from the Pearson correlation as well as Chi2 techniques, indicated a positive relationship between the value of funding PV solar systems and the installation of small-scale inverters in Soweto Township. The analysis performed shows that funding the installation of PV solar system will contribute towards affordable, sustainable energy as well as economic growth in Soweto. Strong emphasis should be put on the analysis of funding models that will contribute towards affordable, clean, sustainable energy in the Townships. This can be achieved through tax breaks or incentives that were implemented by the national treasury in February 2023 or, the establishment of green funds coupled with incentives from the United Nations (UN) (National treasury , 2023). This study was significant in South Africa, since there are no studies of similar nature that have been conducted before, that are related to funding models, renewable energies technologies, micro grids for the marginalised communities.
- Description
- Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2024
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (121 pages)
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- Nelson Mandela University
- Rights
- All Rights Reserved
- Rights
- Open Access
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Collections
NMU Business School
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Mnyani, S April 2024.pdf | 2 MB | Adobe Acrobat PDF | View Details Download |