
South Africa's steady economic growth and focus on industrialisation, together with its mass electrification program has seen a steep increase in the demand for electricity, to the point where South Africa’s energy demand is expected to double by 2030. Adequate provision for this massive demand has been hampered by various factors, suffice to say that the rapid search for alternative energy sources is a priority. The government is encouraging the search for new sustainable energy practices with various tax incentives, helping businesses and local government to actively seek tangible and immediate solutions to this growing problem. The government is also looking to support sustainable green energy initiatives on a national scale through a diverse range of clean-energy options as envisaged in an Integrated Resource Plan. In terms of this plan, which is a 20-year projection on electricity demand and production, about 42% of electricity generated must come from renewable resources.
The R300m investment from Spanish corporate, GRI Renewable Industries offers South Africa a giant leap forward in the provision of renewable energy alternatives with the facility capable of producing 150 wind towers a year.
Read more....