nuclear-news

State power utility Eskom is dragging its feet on honoring government-brokered deals with private renewables companies. Its refusal to purchase 250 megawatts of power from wind and solar projects has left its Irish and Saudi Arabian suppliers fuming and in limbo. More than scuppering the deals, Eskom’s actions, critically, threaten to undermine the gains made by the country’s green energy program, which many have come to hail as the shining beacon of a renewables-based future . On the Fieldstone Africa Renewable Index or FARI, South Africa’s ranking has plummeted off the charts entirely, prompting concerns amongst investors over green energy’s future in the country. Its decline is ironic given the rainbow nation had topped the continent-wide list just four months ago.

With a cluster of over 100 solar and wind projects South Africa is still currently home to the world’s fastest growing renewables program, generating 2.2 gigawatts of energy. According to FARI the country’s program has delivered enormous economic value for South Africa, attracting R196.4 billion ($14.4billion) in investments and created 20,000 jobs…….http://www.forbes.com/sites/nishthachugh/2016/12/13/in-south-africa-nuclear-energy-is-becoming-a-dirty-word/#3738ad892b37