The South African wind energy industry has adopted a charter to better address socio-economic transformation over the next 20 years. In a commitment statement, adopted at an AGM of the South African Wind Energy Association (SAWEA) on Thursday, the wind energy industry and set out a vision to optimise its impact on the country. The commitment goes beyond compliance and lays the ground for setting targets to which the industry holds itself accountable. The local wind industry, and renewable power in general, is rapidly growing in SA as a result of the government’s renewable energy independent power producers (IPP) procurement programme, which has attracted R193bn in investment and 6328MW in procured green power, the highest proportion of which is wind energy. Under the programme, the winning bidders are already required to meet socio-economic development obligations. Tebogo Movundlela, chair of SAWEA, however, said the requirements were not prescriptive. The commitment from the indust...

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 exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

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