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According to Nordex Energy South Africa, wind energy industry localisation will drive the value chain and stimulate local jobs in the sector.
Ntombifuthi Ntuli, SAWEA CEO, said: “This announcement means that the industry can now easily enter into Power Purchase Agreements with private entities ... and deliver projects quickly, which will stimulate economic recovery."
The South African Wind Energy Association (SAWEA), has engaged with its members to ascertain if the sector is able to provide additional power, in line with the recent call for additional energy from existing Independent Power Producers (IPPs) by the Department of Mineral Resources and Energy (DMRE).
The levelised costs of electricity generation of low-carbon generation technology are falling and increasingly below the cost of conventional fossil fuel generation.
General Electric unveils a whitepaper on the eve of AUW titled Re-imagining the future of power in sub-Saharan Africa.
A global wind and solar company this week announced the successful completion of financial close for two wind farms in South Africa with a combined capacity of 250MW. Mainstream Renewable Power was awarded the contracts...