IDC targets R8bn in new renewable projects
Development finance institution aims to balance promoting black industrialists with decarbonisation
28 September 2021 - 12:51
UPDATED 28 September 2021 - 19:31
The Industrial Development Corporation (IDC) is targeting R8bn in new renewable energy projects in the near term, most of which are in response to the government’s lifting of the self-generation threshold to 100MW.
CEO Tshokolo Petrus “TP” Nchocho said these projects are over and above the R14.5bn in renewable energy projects the IDC has already helped fund...
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