Related Articles
Top Stories
May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 27 2012 11:49
The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
Cape Town - Energy Minister Dipiuo Peters has said South Africa will reach its target of producing 875MW of electricity a year through renewable energy by 2013.
In reply to a question in parliament, Peters told MPs that the department is establishing the Independent System and Market Operator (ISMO) which will buy power from all independent power producers (IPPs), including those which generate renewable energy.
"Moreover, the regulator is putting together the procurement guidelines as prescribed in the Regulation on New Generation Capacity Act of 2009, which will enable the ISMO to procure power from renewable energy IPPs," said Peters.
Peters is also confident that Eskom will be able to increase its quota for solar-produced energy from 50MW to 500MW per year.
"Eskom has recently announced the inclusion of a 100MW solar thermal power station in the World Bank loan which was granted recently. This will be the first of its kind on the African continent and the largest in the world when commissioned in 2016," said Peters.
- Fin24.com