
Audio By Carbonatix
South Africa has signed the first three agreements to increase its renewable energy supplies and reduce reliance on coal-fired power stations.
Mineral Resources and Energy Minister Gwede Mantashe on Thursday led the deal-signing event with independent producers to supply wind energy.
The country is enduring acute energy shortages, with its state energy provider, Eskom, suffering from a lack of investment amid allegations of corruption.
Coal is used to generate 80% of South African electricity but under Thursday's deal, energy output will increase by 10% through private investment in wind and solar projects.
These are not expected to come online until 2024.
Official figures released earlier this month confirmed that South Africa's GDP shrank partly because of daily rolling blackouts affecting both homes and industry.
Latest Stories
-
THE LAW 101: Larry’s contempt judgment
4 minutes -
Two killed, four injured in head-on collision at Abease on Takoradi highway
46 minutes -
AMA deploys truck to clear refuse at Kaneshie Market entrance
52 minutes -
Antoine Semenyo hails Luka Modrić as “one of the best midfielders of the current era”
58 minutes -
Sedina Tamakloe in Nsawam Prison after medical care at Police Hospital – Manasseh Azure claims
1 hour -
Businesses urged to leverage international markets as Ghana, Turkey strengthen investment ties
1 hour -
Ing. Samuel Antwi eyes NPP Manhyia South chairmanship, pledges unity
1 hour -
GEPA opens Ghana Trade House in Philadelphia, deepening commercial footprint in U.S
2 hours -
Ghana joins Coalition to Grow Carbon Markets to strengthen climate action
2 hours -
Why fuel prices haven’t fallen yet despite falling global oil prices
2 hours -
FSD Africa, British High Commission, GIIF launch Green PPF
2 hours -
When diversity wins: The Paradox of racism in modern football
2 hours -
Today’s front pages: Friday, June 26, 2026
2 hours -
Ecobank Ghana plants 2,000 trees at Chipa Forest to support national reforestation drive
2 hours -
Bole-Bamboi MP to commission renovated classroom blocks to improve learning environment
3 hours