South Africa’s abundance of solar, wind and mineral resources bodes well for job creation in the renewables energy sector, says president Cyril Ramaphosa.
Remarking on efforts to address the jobs crisis and energy supply woes, Ramaphosa noted that the tabled the Electricity Regulation Amendment Bill aims to support the restructuring ofGovt moves to combat renewable energy skills dearth “We are going to set up a Special Economic Zone in the Boegoebaai port to drive investment in green energy. There is a great deal of interest from the private sector to participate in the boom that will be generated green hydrogen energy projects.”
“Through tax incentives and financial support, we have more than doubled the amount of rooftop solar capacity installed across the country in just the past year. We have implemented sweeping regulatory reforms to enable private investment in electricity generation, with more than 120 new private energy projects now in development.
The president said yesterday the stimulus programme has allowed placement of more than 1 million school assistants in 23 000 schools, providing valuable work experience.