PIC puts R5bn into Northern Cape renewable energy projects
Business Day LIVE
19 March 2015
RENEWABLE energy projects received a boost with the announcement on Wednesday of two new solar power plants to be built in the Northern Cape.
The Public Investment Corporation (PIC) will invest R4.4bn, buying a 20% stake in each plant and providing debt funding for both totalling R600m. Worth R22bn, the Ilangalethu and Xina power stations are expected to contribute a combined 200MW to the national electricity grid. It usually takes two years to build a solar plant. Read more…
NUM welcomes delay in signing of agreements with IPPs
Engineering News ONLINE 15 March 2018 The National Union of Mineworkers (NUM) on Wednesday welcomed
Mining industry explores self generation
President Cyril Ramaphosa’s administration has sent strong signals that the country is enterin
Solar PV industry looks to self-regulate
The South African Photovoltaic Industry Association is creating a system to ensure quality and safe
Post a comment
You must be logged in to post a comment.
