Business
South Africa confident green energy bidding to succeed
South Africa recently launched a bidding process for renewable energy that will lead to the addition of 3,725 megawatts of green energy to the national grid by 2016.
South Africa has also been under pressure to reduce its carbon footprint, with more than 90 percent of its power currently supplied by coal-fired plants.
Africa’s biggest economy has been struggling to meet fast-rising demand for electricity in the world’s top producer of platinum. A power supply crisis in 2008 shut mines down for days and cost the country billions of dollars in lost output.
