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Energy/Mining

SOUTH AFRICA/ENERGY PROJECTSBack
[Published: Tuesday October 30 2012]

 S.Africa okays $ 5.4 bln in clean energy projects

Johannesburg, 30 Oct - (ANA) - South Africa has given the green light to an initial $ 5.4 billion worth of clean energy projects that will allow it to procure 1,400 MW of electricity and help reduce reliance on coal-fired plants, the energy minister said yesterday. The government has selected 28 wind and solar projects in the first stage of the programme, with the contracts expected to be signed on November 5, Energy Minister Dipuo Peters said. "These bidders will be investing about 47 billion rand in power generation and will create a number of jobs during construction and operation of these power plants," Peters said in a statement. The plants are due to be operational between 2014 and 2016. Africa's largest economy depends on coal for 85 percent of its electricity supply of around 41,000 MW. Last year it launched a process to procure cleaner energy to reduce carbon emissions and bolster electricity supply. A key producer of platinum, gold, iron ore and coal, South Africa has been struggling to meet fast-rising demand for power. Apart from green energy, South Africa plans to procure more than 9,000 MW of new electricity produced from coal, gas, regional hydro and co-generation at industrial plants by 2025. Other plans include a tender for 9,600 MW worth of nuclear power. (ANA)
FA/ANA/30 October 2012---------
 

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