Recently, DBSA (South African Development Bank) announced that it will increase the output of renewable energy in southern Africa. In order to reduce the dependence on coal energy, South Africa will vigorously develop wind power, hydropower and other projects.
The contract states that, while increasing investment funds, ensure that the realization of renewable energy to achieve localization.
South African Development Bank, said the responsible person, since the start of renewable energy independent power plan after the start of South Africa in renewable energy demand is great.
South Africa's renewable energy project, funded by the South African Development Bank, has generated electricity capacity of 2512 megawatts. The bank is committed to support the South African government's energy projects up to $ 4.9 billion. All of the power generated by these projects will be transported to the national grid to go.
South African Development Bank official also said it would finance some African power plants and related infrastructure to address a wide range of power crisis.
---ZMS Cable
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