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Thursday, November 28, 2024

S.A.W.E.A.: More investment to flow into green-energy sector

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The South African Wind Energy Association says the increased procurement of electricity from Independent Power Producers, hold many social, economic and environmental benefits for South Africa.

This, after the Department of Mineral Resources and Energy on Friday, gazetted approval, to add additional electricity-generation to the country’s grid.

Minister Gwede Manthashe last week published the new regulations, which will see Eskom mandated to acquire additional power, from IPPs.

CEO at the Association, Ntombifuthi Ntuli, says up to 40-million-Rand of investment could flow into the country, on a yearly-basis, through the development of the wind-energy sector.

 

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