The most industrialized nation on the continent that depends on coal to generate 80% of its electricity has plans to attract as much as $250-billion into green hydrogen, an emerging technology used to split water using renewable energy.
Tax breaks for rooftop solar in South Africa
Finance minister Enoch Godongwana has announced that National Treasury will be providing tax incentives and tax relief to South African businesses and households to encourage a rapid move to renewable energy. This will include a massive rebate for businesses launching renewable energy projects and a smaller incentive for private households. Through these two incentives, the Treasury said it would be…
Procurement of 400 MW of private power to create jobs in eThekwini
The KwaZulu-Natal provincial executive council has approved the eThekwini metropolitan municipality’s procurement plan for an initial 400 MW of new generation capacity from independent power producers. This will create 8 000 job opportunities through a public-private partnership (PPP)