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Sona brings welcome clarity to SA energy sector

Renewable energy has, to date, invested close to R202bn (24% of which is FDI) in SA’s economy.

The South African Wind Energy Association (Sawea) says President Cyril Ramaphosa’s State of the Nation Address (Sona), delivered on Thursday, has brought much-appreciated investor clarity to the SA energy sector. 

The sector is still recovering from an extended procurement hiatus, which was finally ended by the president shortly after taking office in 2018.

Sawea CEO, Brenda Martin says President’s address has provided clarity on two issues of major concern to the SA energy sector: A firm commitment to investment growth in clean energy and that of Eskom, paving the way for necessary fair market access job creation and GDP growth. 

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