SA’s renewable power plans get big boost with investment by UK and Norway
Norfund and the UK’s CDC Group have announced they will invest R360m and R240m, respectively, in H1 Capital, an SA-based black-owned company
03 March 2022 - 14:11
UPDATED 03 March 2022 - 16:10
Development finance institutions from Norway and the UK plan to invest R600m in an SA company that will develop solar and wind power projects to generate 2.4GW of renewable energy.
The money will be used to support SA’s clean energy goals, as it will enable the development of more than 2.4GW of new wind and solar projects, generating about 6,400GWh per year...
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