Infographic: South Africa Seeks One Trillion Rand in Investment

Connect with us:

According to H.E. President Cyril Ramaphosa, South Africa is officially open for business. With a multitude of clean energy projects coming online, ongoing exploration activities unlocking substantial gas reserves and a call for one trillion ($68 billion) South African rand in infrastructure investment, the country is ripe with opportunity, as it seeks to mitigate chronic power shortages, spur industrial growth and catalyze energy development for a post-COVID-19 economic recovery.

Renewable Projects Come Online Under the REIPPP Program

The Department of Mineral Resources and Energy is preparing for the upcoming fifth bidding window of its Renewable Energy Independent Power Producer Procurement (REIPPP) program, set to showcase high potential opportunities across solar and wind. Ninety-two energy projects have been awarded within the first four bidding windows of the REIPPP, totaling R192,603 million ($12.8 million) in investments.

Other Reads

Other Reads

Charné Hollands

Charné Hollands

Charné Hollands is the Deputy Editor at Energy Capital & Power. She holds a Higher Certificate in Professional Photography and Masters in Media Studies from the University of Cape Town. Charné writes content for ECP's website and events as well as co-authored African Energy Chamber: Road to Recovery.

More from the Author

Sign up for latest news and event info

Copyright © 2022 Energy Capital & Power. Privacy Policy · Terms of Use