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Private sector puts billions into renewable energy

Private sector investment in renewable energy had reached R193 billion, Energy Minister Tina Joemat-Pettersson said as she announced the names of 13 additional preferred bidders in the renewable energy independent power producer procurement programme. 

Joemat-Pettersson said the programme’s Bid Window 4 would supply an additional 1 084MW of electricity to the national grid. She added that the Department of Energy had approved 92 renewable energy projects so far, and that public-private partnerships in renewable energy had resulted in an extra 6 327MW of capacity being contributed to the national electricity grid since 2011. 

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