As SA govt mulls push for coal, Norway sees 'huge' local potential for more renewables | Business

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As SA govt mulls push for coal, Norway sees 'huge' local potential for more renewables | Business
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The potential for more renewable energy projects in South Africa is 'huge', says Norway's International Development Minister Anne Beathe Tvinnereim. | News24_Business

As to whether Norway would consider joining the Just Energy Transition Partnership , Tvinnereim said Norway's funding through the Climate Investment Fund should be seen as complementary to the JETP.

"We don't have a lot of time if we are to reach our goals in the Paris Agreement," she said."A country like South Africa holds the key, an important key, to the energy transition in the African continent, and that is why this is such an important and great investment." "South Africa is open for business on the renewable energy front," he said. However, the constraint is the lack of grid capacity.

 

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