Sandriver Solarpark

Sand River Solar Park |
A large photo-voltaic (PV) solar park in the Free State Province of South Africa |
Aldham, Hogarth, Jakobsen,   Krawitz, Mustafa and Narikawa |
11/27/2011 |


THe South African Economy 3
Size, composition and Function of economy 3
Trade 3
Human Development 3
Business Regulation, Institutional Integrity and the Financial Sector 4
SWOT Analysis (Appendix B) 5
The Sand River Solar Park 6
Project Overview 6
Development Benefits 6
Infrastructure, Access To Electricity: 6
Human CapitaL: 7
Foreign Direct Investment (FDI): 7
Trade: 7
Project Constraints 8
Financial Projections 8
Appendices 0
Appendix A: South Africa Data Table 0
Appendix B: SWOT analysis 2
Appendix C: Sand River Solar PArk Location 2
Appendix D: South African Employment and Skills Statistics 3
Appendix D: Clean Energy Projected growth 3
Appendix E: Assumptions And Financial Projections 4

THe South African Economy
Size, composition and Function of economy
South Africa is a multi-cultural democracy with an estimated population of close to 50 million inhabitants. South Africa is Sub-Saharan Africa’s largest economy with a GDP of USD 363.7 billion in 2010 – approximately 35% of Sub-Saharan Africa’s total GDP according to World databank. The GDP per capita (PPP, current international USD) of USD 10,486 in 2010 classifies the country as an upper middle income economy and the country is ranked by the IMF ahead of its Sub-Saharan African peers in competitive advancement with the exception on Mauritius as a Stage 2 Efficiency Driven Economy.
In 1994, the African National Congress (ANC) won the first multi-racial elections, marking the end of the apartheid regime and establishing full democracy in the country. The ANC adopted conservative monetary policy aimed at controlling inflation. As a result, GDP grew 2-3% per year on average until 2004 when macroeconomic stability begun to allow higher speed of growth. As a result of that...