Shell’s Daystar Moves Into Power-Hungry South Africa for Growth
- Solar and hybrid system provider also plans Tanzania offices
- Shell-backed Daystar to consider acquisition opportunities
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Shell Plc-owned Daystar Power is pushing into the South African market, where the solar provider expects rapid growth due to record power cuts.
Africa’s most developed market has seen a surge in alternative power systems as state-owned utility Eskom Holdings SOC Ltd. fails to meet demand. Daystar is opening offices in the commercial capital of Johannesburg less than a year after Shell bought the business.