FeaturedMarkets

South Africa’s Cape Town Secures International Support For Net Zero Carbon And Solar Initiatives

The Mayoral Committee of the City has granted approval for new international technical assistance, reinforcing the city’s commitment to net-zero carbon, solar, and energy sustainability plans.

Collaborating with the Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) and the German Development Bank (KfW), the City is receiving support for various projects, including the Green Infrastructure and Improved Catchment Management project and the Paardevlei Solar Farm.

The technical assistance, valued at over R4 million, aligns with the City’s Energy Strategy and aims to enhance service delivery, infrastructure investments, financial resilience, and procurement from diverse energy sources.

Mayoral Committee Member for Energy, Councillor Beverley Van Reenen, emphasized the importance of international partnerships in advancing Cape Town’s energy initiatives and fostering knowledge exchange.

The city’s power supply diversification initiatives include demand management programs, the issuance of IPP 3 tenders, and ongoing projects for embedded renewable energy and dispatchable IPP programs. The City is actively working towards a diversified and sustainable resource management approach to boost resilience.

Related posts

d.light and Chapel Hill Denham Finalize $7.4 Million Securitized Financing for Off-Grid Solar Expansion in Nigeria

Mike

India Sets Ambitious 100 GW Nuclear Power Goal by 2047 to Drive Clean Energy Transition

Mike

LONGi and ENGIE Join Forces to Deploy Hi-MO 9 Modules in MENA Utility-Scale Solar Projects

Mike

Leave a Comment