• Investment options

    A Fin24 user is warned against saving himself into bankruptcy.

  • Coffee time

    Starbucks has a new way to wake up its customers. Clue: calorie count.

Data provided by McGregor BFA
All data is delayed
Loading...
See More
Where am I? Home

Building of PE wind farms begins

Jul 12 2012 16:53 Sapa

Related Articles

Big boost for Eskom wind, solar plants

Wind atlas to boost green energy bid

Wind atlas to boost green energy bid

W Cape aims to be green economic hub

Eskom secures more green energy funding

SA flexes green energy muscles

 
 Johannesburg - Construction of a wind farm to supply power to the Nelson Mandela Bay municipality is due to start near Port Elizabeth, MetroWind said on Thursday.

The company said it had been given the green light to build and operate a R550m wind farm in Van Stadens, between Port Elizabeth and Jeffrey's Bay. Construction would begin in September.

"The farm, to be known as MetroWind Van Stadens Farm, is expected to start supplying the municipality and Eskom with power in October next year," said company director Donald McGillivray.

Eskom would be supplied with power for a period of 20 years, he said. "The project is a step forward in the country's pursuit of clean, renewable energy." McGillivray said the community was fully behind the farm.

The government asked for proposals from renewable energy producers last year for the construction and operation of wind farms in the province.

MetroWind was one of the 28 preferred bidders. It was granted a licence by the National Energy Regulator of SA. The municipality also gave its consent for the wind farm.

*Want breaking news on green energy on your socical networks? Follow Fin24's Twitter, Facebook and Google+ pages.
NEXT ON FIN24X

 
 
Comment on this story
9 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

For detailed Unit Trust information, click here.

We're Talking About...

The Debt Issue

The Debt Issue brings you the latest debt news, tips on how to deal with and avoid debt, a panel of debt experts and real life debt stories from across South Africa.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...