HomeRenewable energyBoost for South Africa's Solar Energy Project

Boost for South Africa’s Solar Energy Project

Kevin Nassiep,
Chief Executive,
South African National
Energy Research Institute
21 August 2009 – SA’s biggest solar energy project, shelved by Eskom this year, may be revived as other companies were keen to take over the project according to the Chief Executive of the South African National Energy Research Institute, Kevin Nassiep.

The possibility of another entity taking over the facility keeps SA’s aspirations for renewable energy alive. Hopes for renewable energy were dashed when Eskom said this year that the solar facility was one of the projects it had put on hold because of inadequate finance for its multibillion-rand capital spending programme.

Nassiep said there were companies interested in taking over the solar project, including another state- owned entity, the Central Energy Fund, but the fund was likely to be a minority shareholder.