South African companies betting big on private power — including electricity from cow dung

South African businesses are investing billions into self-generating power capacity to combat the impact of load-shedding on their operations and reduce their carbon footprint.

Initially, President Cyril Ramaphosa announced the government would increase the embedded generation threshold from 1MW to 100MW in June 2021. Its regular load-shedding has cost the economy billions of rand, with retailers like Foschini Group losing thousands of trading hours in a few months. Solar can also often be fitted to existing rooftops, bringing down costs associated with buying additional land or building new infrastructure to support it.

African Rainbow Minerals, Anglo American, Gold Fields, and Sibanye Stilwater are among the major mining groups with big self-generating plans.to create the joint venture company Envusa Energy to realise its ambitious vision.

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Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

A 26-year-old South African is teaching the Dutch about African coffee | Business InsiderSouth African Stean Fasol works with East African coffee growers, and uses anaerobic fermentation to give Dutch drinkers an alcoholic flavour in their brew.
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South Africa: Amendment to Finance Bill Welcomed - South African News Briefs - November 23, 2022
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