Industrial Development Zone after failing to find an equity investment partner. The failure to find investment is related to the proposed independent power producers programme which will not see any new wind farms erected between 2022 and 2025.
Boilermaker, Nokubona Tukayi Manyelo says, “I’m definitely not ok because we all know that South Africa is suffering and we are also going to be falling on those statistics of the people that are looking for jobs.” Head of Workout Restruction at the IDC, Mpho Mosweu says, “You see the partners when they assessed the investment they were very positive especially when the round four was signed, but however when they looked into the future they could see that there is going to be a gap of three years, where there aren’t going to be any wind farms that are going to be built.
Energy renewal is part of the much vaunted Fourth Industrial Revolution.
Nederland Laatste Nieuws, Nederland Headlines
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