HE Industrial Development Corporation (IDC) has achieved its target of investing R5bn a year in green energy projects and this portfolio is now about R15bn.
South Africa is a leader on the continent in renewable energy. The sector has developed rapidly since the government launched a programme three years ago to encourage independent power production.
Raoul Goosen, the IDC’s specialist in green industries, said on Tuesday at a presentation by Uhuru Energy — a biogas company with which the IDC is co-operating on several projects — that South Africa had large tracts of underutilised land suitable for biofuel crops.
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South Africa is a leader on the continent in renewable energy. The sector has developed rapidly since the government launched a programme three years ago to encourage independent power production.
Raoul Goosen, the IDC’s specialist in green industries, said on Tuesday at a presentation by Uhuru Energy — a biogas company with which the IDC is co-operating on several projects — that South Africa had large tracts of underutilised land suitable for biofuel crops.
Read more.....
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