SA urged to double down on renewable energy
Standard Bank-Cresco report advises dramatic increase in new capacity additions and projects
19 June 2025 - 05:00
A report by SA’s largest climate financier, Standard Bank, and financial advisory company Cresco has called on the country to increase new capacity additions and renewable energy projects at a “dramatic rate”, casting doubt on its ability to achieve carbon neutrality by 2050.
Considering the looming risk of another energy crisis, which may materialise as soon as coal decommissioning is resumed, new capacity additions and renewable energy implementation need to be speeded up, the report says...
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