Just hours after being sworn in as acting president‚ Jeff Radebe nailed his colours to the renewable energy mast at African Utility Week, on Tuesday.Radebe was speaking at the Cape Town International Convention Centre‚ where 7‚000 delegates from around the world gathered to talk about water‚ energy and power.The energy minister‚ who is acting president while President Cyril Ramaphosa and Deputy President David Mabuza are out of the country‚ spoke extensively about successes in renewables and made no mention of nuclear power."To date we have concluded 91 projects with a capacity of 63‚000 megawatts (MW). Sixty-two of these projects have the combined capacity of 3‚800MW, which already is connected to the grid‚" he said.He told delegates that SA had seen a "significant decline in tariffs of about 55% for wind and 76% for solar" energy. About R136bn had been invested in renewable energy‚ with another R56bn to be spent over the next 3-5 years, when the construction of 27 renewable power ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now