South Africa to enter solar energy market?

29 September 2010

South Africa is trying to improve its energy market by seeking investment in a solar-powered plant.

Energy minister Dipuo Peters has said billions of pounds are required to complete a 5,000-megawatt solar park, the Associated Foreign Press reports.

There is a need for the country to stop using its current energy source -which is coal - as it seeks to change to policies that are more environmentally friendly.

"The conditions in the Northern Cape are ideal for the establishment of a solar park, primarily due to the intense solar radiation in this province," Mr Peters told the news provider.

And he is not the only person who believes the nation is well positioned to exploit solar power.

Ira Magaziner, the chairman of the Clinton Climate Initiative, noted the area is the best he has seen "in the world".

It was recently revealed the African Development Banks is to provide funding to Cameroon to aid its electrical infrastructure.
 

Category: Energy