Cheap South African solar projects facing supply chain cost problems

The original article can be found here.

Article highlights:

  • Solar projects in South Africa’s latest renewable power procurement round may have difficulty reaching financial close due to issues including rising supply chain costs.
  • Supply chain issues have emerged for the photovoltaic plants as shipping costs surge.
  • Freight costs out of China increased 476% and polysilicon prices climbed 365% during the period between January 2020 and November 2021.