Green energy drive to create 7,000 jobs
SA will receive R30 billion worth of investment with the introduction of the green energy drive.
PRETORIA - The next phase of the introduction of green energy to South Africa's power grid will see more than R30 billion worth of investment.
On Monday, the Department of Energy announced the preferred bidders in round two of The Renewable Energy Independent Power Producers Procurement Programme in Pretoria.
Energy Minister Dipuo Peters said more than 7,000 jobs will be created during this phase.
The department plans on buying 3,725 megawatts of renewable energy and will open bidding in five different rounds.
In this round, 19 bidders were selected to supply just over 1000 megawatts.
Nine of the bids went to solar energy suppliers, but more than half of the energy will be produced by wind.
Peters said more than R28 billion will be spent in the Northern, Eastern and Western Cape, as well as in the Free State.
The next phase will see more than R30 billion worth of investment.