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Keen interest in renewable energy by South African businesses

Long queue for slice of renewable energy cake Business Report October 26, 2010By INGI SALGADO tSouth Africa’s decision more than a decade ago to introduce private sector investment in electricity generation soon highlighted the uncomfortable truth that the country’s low pricing regime would not encourage this outcome.
By comparison, the response this month to the Department of Energy’s call for expressions of interest by the private sector in renewable energy and cogeneration projects has been extremely keen – even though developers were given only a week to compile their submissions.

Interest for projects offering about 20 000 megawatts of generating capacity has been registered, says Ompi Aphane, the deputy director-general for electricity, nuclear and clean energy. A cursory analysis shows the bulk are wind projects, but solar has made a very strong showing….

Business Report – Opinion/ Analysis – Long queue for slice of renewable energy cake

October 26, 2010 - Posted by Christina Macpherson | renewable, South Africa | climate change, energy efficiency, global warming, renewable energy, renewables, solar, wind