Plans for new private power company in South Africa: report

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 61%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A South African civil rights organisation has plans to develop small power generation modules that supply cities with power for up to 40 years.

Speaking to thethe group said it is fed up with South Africa’s decade-long battle with load shedding – which has caused significant disruptions to daily life and economic activity – and has engaged in discussions with specialist venture capital firm C5 Capital which invests in nuclear energy, among other things.

AfriForum’s role will reportedly be to facilitate the investments and expertise needed for the development of the reactors. The consequences of load shedding are far-reaching and affect nearly every aspect of life in South Africa. The government has taken steps to address the load shedding crisis, including increasing investment in renewable energy and independent power producers and implementing measures to improve Eskom’s efficiency and financial stability.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good to hear. Just a small correction: it is a Pebble Bed Modular Reactor, not Peddle Bed. The fuel is small spherical 'pebbles.'

I hate that it's AfriForum doing this But it's good that it get done

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa: Tigers in South Africa - a Farming Industry Exists - Often for Their Body PartsAnalysis - A tiger escaped from a residence and roamed the countryside outside Johannesburg, South Africa, for four days this month. It attacked a man and killed several animals, and was eventually shot by the authorities. Tigers aren't native to South Africa and are considered an alien species. Its escape highlights the country's controversial commercial captive breeding industry and the key role South Africa plays in the international big cat trade. Tigers are being intensively farmed for tourism, hunting, and comm TC_Africa Same zoo TC_Africa I lost R25,800 when investing in crypto with a wrong trader 2 months ago & 3 weeks ago my friend recommended lilliancaldwe who he’s investing with so i had to give it a go the first trade i earn R12,300 in 7 days after investing 3000, and earn R17,000 again.
Source: allafrica - 🏆 1. / 99 Read more »