Chinese-made panels on rooftops across the world are changing the facts of life for big utilities.

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[–] 2 points 1 month ago

But what has been good for Shoprite, which now has around 43 MW of peak capacity at its disposal and is looking at battery storage, constitutes a problem for state power utility Eskom.

https://www.reuters.com/world/africa/south-africas-eskom-annual-net-profit-more-than-doubles-303-billion-rand-2026-08-31/

The state-owned power utility said on Monday it made profit after tax of ​30.3 billion rand ($1.9 billion) in the year ended March, compared with a restated 14.0 billion ​rand a year earlier, which was its first annual profit in eight years.

So approximately 1,863,555,212.93 in USD. Cry me a river.

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