South Africa Approves $3.3 Billion of Renewables Projects

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South Africa approved 33.8 billion rand ($3.3 billion) for 17 clean-energy projects in the third of five bidding rounds of a program to cut its reliance on coal.

The Department of Energy received bids for 6,023 megawatts of capacity and allocated 1,456 megawatts, Director General Nelisiwe Magubane told reporters today in Pretoria, the capital.