South Africa Sees Deal With China to Secure Solar Panel Supply

Philippines News News

South Africa Sees Deal With China to Secure Solar Panel Supply
Philippines Latest News,Philippines Headlines
  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

South Africa’s electricity minister said he expects to seal a deal with the Chinese government next week that will help solar-power installers in the African nation secure access to panels for projects needed to tackle its energy crisis.

The matter will be discussed on the sidelines of a summit of leaders from the BRICS group of leading emerging-market powers that starts Aug. 22 in Johannesburg, Kgosientsho Ramokgopa said in an interview with Bloomberg TV in the city on Thursday.

Ramokgopa traveled to China in June to meet six of the nation’s biggest solar equipment manufacturers in a bid to smooth access to panels and counter persistent blackouts. South African businesses and households are increasingly opting to reduce their reliance on the grid as state utility Eskom Holdings SOC Ltd., which supplies more than 90% of the nation’s electricity, imposes daily power cuts because its old and poorly maintained coal-fired plants can’t meet demand.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Platreef palladium/rhodium/nickel/platinum/copper/gold project, South AfricaPlatreef palladium/rhodium/nickel/platinum/copper/gold project, South AfricaIvanhoe Mines is undertaking optimisation work to identify value-accretive options for installing hoisting capacity to Platreef's Shaft 3.
Read more »

Activists Sue South Africa’s Environment Authorities Over Arcelor PollutionActivists Sue South Africa’s Environment Authorities Over Arcelor PollutionSouth Africa’s environment minister, and the national air-quality officer and the local unit of ArcelorMittal SA have been sued by environmental activists for allegedly not acting against the company over its air pollution.
Read more »

Tron sees impressive TVL growth; is capitulation on the cards for TRX?Tron sees impressive TVL growth; is capitulation on the cards for TRX?Q2 of 2023 brought some good news for Tron as it was the only blockchain after Cardano that saw positive momentum in terms of its TVL. With a weak bearish sentiment, will TRX see some bullish movement in the coming days?
Read more »

Scotiabank analyst sees big second half ahead for copper mining stocksScotiabank analyst sees big second half ahead for copper mining stocksDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Read more »

Ex-Bank of Canada Governor Poloz Sees Cracks in Consumer ResilienceEx-Bank of Canada Governor Poloz Sees Cracks in Consumer Resilience(Bloomberg) -- Former Bank of Canada Governor Stephen Poloz says inflation is likely to cool faster than people are expecting, opening the door for lower interest rates. Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGoldman Sachs Blames Zero-Day Options for Fueling S&P 500 Se
Read more »

Ex-Bank of Canada governor Poloz sees cracks in consumer resilienceEx-Bank of Canada governor Poloz sees cracks in consumer resilienceFormer Bank of Canada governor Stephen Poloz says inflation is likely to cool faster, opening the door for lower interest rates. Read more.
Read more »



Render Time: 2025-03-01 17:21:34