South Africa to Sign Renewable Power Deals, Minister Says
- Delayed independent-producer pacts to be concluded March 13
- Government is reconfirming commitment to renewables: Radebe
Solar panel installations in Cape Town.
Photographer: Per-Anders Pettersson/Corbis NewsThis article is for subscribers only.
South Africa will sign long-delayed agreements with 27 independent power producers next week, according to Energy Minister Jeff Radebe.
The signing, scheduled for March 13, will breathe life into a national renewable-energy program that was once the world’s fastest growing but has since stagnated. The deals to be concluded next week will release 56 billion rand ($4.7 billion) of investment over the next two to three years, the minister said in Cape Town Thursday.