solar

The United Nations Environment Programme (UNEP) says South Africa could save up to R3.7 billion per year by changing completely to solar-powered energy-efficient light bulbs.

In its latest report, the UN agency, which assessed what gains could be achieved by 80 countries should they shift to solar-powered alternatives, argues that should South Africa change over, the country would be able to repay the conversion costs in nine months.

Eskom has signed two loan agreements totalling US$365 million with the African Development Bank, which will enable it to implement a renewable wind and solar generator.

In a press statement, Eskom CEO, Brian Dames, points out that, "We are committed to a cleaner energy future and we now have the capability to implement our large-scale wind and solar generation projects.”

The loan will go towards financing Eskom's 100MW Sere Wind Project in Vredendal, Western Cape.