By Audrey D’Angelo, Business Report:
Renewable energy is potentially one of the biggest investment areas in the Western Cape, according to Nils Flaatten, the chief executive of Wesgro, the official agency to boost trade and attract investment and tourists to the province.
Flaatten said that it was expected that between 40 percent and 50 percent of wind power projects in South Africa and 15 percent of solar energy projects would be set up in the Western Cape, where the provincial government hopes to generate 10 percent of the area’s energy needs from renewable sources by 2014.
“This commitment is creating a market for companies in the renewable energy resources sector, as well as those in other sectors using these technologies, offsetting their carbon footprint and sending the message to potential suppliers and travellers who are interested in fair trade and responsible living… Read more
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