Renewable energy sector increasing in ELIDZ
The renewable energy sector is competing with the automotive sector in terms of investment value inside the East London Industrial Development Zone (ELIDZ), it emerged on Sunday.
The trade and industry department (DTI) said in a statement Ayanda Ramncwana of the ELIDZ told a media tour organised by the DTI there had been remarkable growth in renewable energy investments over the past five years.
Ramncwana said that of the ELIDZ’s secured private sector investment worth R4 billion, 54% was in the renewable energy sector. This was an indication of the growing sector diversity in the zone.
“The ELIDZ is progressing well in this sector with two renewable energy investors in solar PV manufacturing as well as inverter manufacturing already secured. The ELIDZ science and technology park’s (STP) focus on supporting growth through the incubation of new technologies also remains critical to the development of this sector,” she said.
The ELIDZ also had a growing pipeline boasting R2.5-billion worth of renewable energy investment in the advanced stages. Once activated these investment had a potential to create 900 jobs.
“The ELIDZ’s strategy in terms of renewable energy sector is two-pronged – the zone is targeting investors both in renewable energy component manufacturing and assembly as well as the production and transfer of green power,” said Ramncwana.
The proposed projects included municipal waste-to-energy, landfill gas, a municipal sewerage works biodigester, and biomass gasification plant.
Comments
Research Reports
Projects
Latest Multimedia
Showroom
Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.
VISIT SHOWROOM
Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
