South Africa Signs Renewable Energy Deals Amid Outages

Sep 26, 2022 · 58s
South Africa Signs Renewable Energy Deals Amid Outages
Description

South Africa has signed the first three agreements to increase its renewable energy supplies and reduce reliance on coal-fired power stations. Mineral Resources and Energy Minister Gwede Mantashe led the...

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South Africa has signed the first three agreements to increase its renewable energy supplies and reduce reliance on coal-fired power stations.
Mineral Resources and Energy Minister Gwede Mantashe led the deal-signing event with independent producers to supply wind energy.
The country is enduring acute energy shortages, with its state energy provider, Eskom, suffering from a lack of investment amid allegations of corruption.
Coal is used to generate 80% of South African electricity but under the deal, energy output will increase by 10% through private investment in wind and solar projects.
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Author Africa Business Radio
Organization Africa Business Radio
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