ELIDZ reveals renewable energy projects for Buffalo City
The East London Industrial Development Zone plans to generate and sell electricity sustainably.
CAPE TOWN - The East London Industrial Development Zone (ELIDZ) is trying to convince the Buffalo City Metropolitan Municipality to generate about 40 percent of its electricity from renewable energy sources.
The ELIDZ, the latest stop of the US government's green energy tour, plans to generate and sell sustainable electricity.
It has also signed an agreement with the US Agency for International Development to convert the zone into a low carbon emission park.
The ELIDZ has several solar power, wind and biomass power projects in the pipeline. The projects could contribute about a 160-megawatts to the Buffalo City Metropolitan Municipality's 250-megawatts electricity demand.
The ELIDZ's energy manager Chris Ettmayr says these have the potential to substantially contribute to economic growth.
"It will bring in investments and increase the tax pace, those are direct jobs and indirect jobs and also massive."
Ettmayr adds, "The projects have been partially approved and once set up they will invite the provincial government and municipality to buy into the concept."