Shell-backed Daystar Shines in SA's Power-Hungry Market

• Shell-backed Daystar Power is expanding its operations into South Africa to provide alternative power systems as demand increases due to record power cuts. Daystar plans to build up to 120 megawatts of solar power with 400 megawatts across Africa by 2025, targeting large-scale, bankable commercial and industrial users. An office is also opening in Tanzania.

Shell-backed Daystar Power is expanding its operations into South Africa to meet growing demand for alternative power systems due to record power cuts. Daystar is opening offices in Johannesburg and considering acquisition opportunities to accelerate growth. They plan to build up to 120 megawatts of solar power in South Africa and a total of 400 megawatts across the continent by 2025. They are targeting large-scale, bankable commercial and industrial users as clients, recognizing that 75% of power consumed in Africa is done in the commercial and industrial sector. Daystar also plans to open an office in Tanzania.

How is Daystar Power Expanding in Africa?

• Daystar Power is looking to build up to 120 megawatts of solar power in South Africa and a total of 400 megawatts across the continent by 2025.
• The company plans to target large-scale, bankable commercial and industrial users as clients, recognizing that 75% of power consumed in Africa is from the commercial and industrial sector.
• Daystar is set to open offices in Johannesburg and Tanzania, as well as considering acquisition opportunities to accelerate growth.
• Daystar has the backing of Shell, providing the company with additional opportunities in the African markets.
• Daystar plans to provide alternative power systems in order to combat record power cuts across the continent.