South Africa has signed the first three agreements to grow its renewable energy supplies.
This will reduce its reliance on coal-fired power stations.
Mineral Resources and Energy Minister Gwede Mantashe yesterday led the deal-signing event with independent producers to supply wind energy.
Currently, South Africa is facing acute energy shortages, with its state energy provider, Eskom, suffering from a lack of investment amid allegations of corruption.
Coal is used to generate 80% of South African electricity but under Thursday’s deal, energy output will increase by 10% through private investment in wind and solar projects.
These are not expected to come online until 2024.
Official figures released earlier this month confirmed that South Africa’s GDP shrank partly because of daily rolling blackouts affecting both homes and industry.
The #IRP is a framework that propagates the development of mixed energy technologies. We should be able to repurpose some of the old Eskom power stations from coal to gas. We can’t be left behind, & believe that we can switch-off everything else & rely on renewables pic.twitter.com/0q5FIsUQTd
— Gwede Mantashe (@GwedeMantashe1) September 22, 2022