South Africa sets tariffs to boost renewables investment
The largest economy in Africa steps up as it stands South Africa is the largest emitter on the African continent, depending on coal for 90 percent of its electricity needs. Despite that fact, moves to diversify to other energy sources have so far stalled due to a lack of policy framework and incentives for investors. In the latest bid to rectify that situation:
South Africa's regulator (NERSA) has approved renewable energy tariffs to boost investment in the sector that would help meet the country's target on alternative energy,...
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