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Jasco appoints new MD of Renewable Energy division

05 May 2015

The Jasco Group has recently appointed Dave Smith as the Managing Director of Jasco Renewable Energy, effective 1 March 2015. With qualifications in electrical engineering and business and more than 20 years of experience in utility power, network development, transmission and telecoms, Smith brings with him a diverse array of expertise ideally suited to this challenging position. He will be tasked with new business development within the emerging sector of renewable energy, with a particular focus on solar and hybrid energy solutions in the commercial sector.

 

“The power supply situation in South Africa is an issue that needs to be addressed as a matter of urgency. The cost of unserved energy, in other words the indirect cost of not supplying power to those who need it, can and will have a significant impact on growth and the economy. There are also widespread concerns relating to on-going electricity price increases. The reality is that we need to look at alternative sources to sustain the supply of electricity. Independent studies have shown that renewable energy has the potential to achieve just this, and I am excited to be a part of growing this emerging market in South Africa,” says Smith.

Smith holds a degree in Electrical Engineering from the University of Stellenbosch, as well as a Master’s degree in Business Leadership from the University of South Africa’s Graduate School of Business Leadership. He is vastly experienced in the energy sector, having worked in various positions at Eskom for more than 15 years, including electrification, system planning, network development and transmission on the engineering side, before moving into the telecommunications sphere. In 2008 Smith joined Broadband Infraco as Chief Executive Officer and saw the company through to commercial launch, after which he worked as an independent business consultant before joining the Jasco team.

“The initial focus of Jasco Renewable Energy will be on solar solutions at a commercial level, including rooftop, carport and ground-based solutions. Solar represents a significant investment for businesses, but costs are reducing and payback can now be expected within six to eight years. We believe this is a viable solution for South African businesses. We have begun by completing a pilot project at Jasco, which enables us to demonstrate proof of concept to new customers. I will also be focusing on new business development of both solar and hybrid energy solutions as well as building our project delivery capabilities,” says Smith.

“With a mix of technical and business experience, Smith has a diverse range of expertise that will stand him in good stead in his new position at Jasco. His skill in electricity power system infrastructure development will be invaluable in the development of our renewable energy solution, and his ability to deliver strategic planning and sound business case development will enable us to build our client base sustainably. We are pleased to welcome Dave Smith to the team,” Paul Divall, Managing Director, Intelligent Technologies at Jasco concludes.