Sunday, March 29, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Lists Windows 10-Compatible Phones
Intel in Talks to buy Altera: report
MediaTek Releases New High-end Smartphone Helio SoC
Google To Get Into The Operating Room
Data Requests To Microsoft Decreased
Google Defeated in English Court - Decision Opens Door for Litigation by Millions of British Apple Users
LG G4 Smartphone Coming Late April
BlackBerry Posts Quarterly Profit
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > General Computing > Google ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, May 30, 2013
Google To Invest $12 million In South African Solar Project


Google has just closed a $12 million USD (103 million Rand) investment in the Jasper Power Project, a 96 megawatt solar photovoltaic plant in the Northern Cape province of South Africa.

Upon completion, Jasper will be capable of generating enough electricity to power 30,000 South African homes. The project, developed and funded by SolarReserve, Intikon Energy and the Kensani Group, is also backed by Rand Merchant Bank, the Public Investment Corporation, Development Bank of South Africa and the PEACE Humansrus Trust.

Google said that South Africa has strong resources and supportive policies for renewable energy make it an attractive place to invest.

Back in 2008, South Africa experienced a severe energy shortage. Since then the South African government has been actively supporting the growth of new sources of electricity to power the nation. While today South Africa is primarily dependent on fossil fuels, there?s lots of potential for renewable energy sice the country is blessed with abundant wind and solar resources, and the government has set an ambitious goal of generating 18 gigawatts (GW) of renewable energy by 2030 (as a comparison, the entire South African grid is currently 44 GW).

To meet this goal, the South African government has established the Renewable Energy Independent Power Producer Procurement Program (REIPPPP). Through the program, renewable energy projects compete on the basis of cost and contribution to the local economy to be awarded a contract with Eskom, South Africa?s state-owned energy utility. Jasper and the other projects being developed through the REIPPPP have the potential to transform the South African energy grid.



Jasper will also create approximately 300 construction and 50 permanent jobs in a region as well as providing rural development and education programs and setting aside a portion of total project revenues - amounting to approximately $26 million over the life of the project?for enterprise and socio-economic development.

Google has committed more than $1 billion to renewable energy investments.


Previous
Next
Google To Offer Own Version Of HTC One Smartphone        All News        New ASUS PQ321 Monitor Has A 3840 x 2160 IGZO Display
Dell Borard Ugres Shareholders To Support Chairman's Buyout Offer     General Computing News      Windows 8.1 Brings Back 'Start' Button, Better Usability

Get RSS feed Easy Print E-Mail this Message

Related News
Google To Get Into The Operating Room
Google Defeated in English Court - Decision Opens Door for Litigation by Millions of British Apple Users
Google To Show Targetted Ads To Fiber TV Customers
Consumer Watchdog Calls On FTC To Re-Open Its Google Investigation
Report Details Google's Anti-competitive Practices
Hundreds of Thousands of Google Apps Domains' Private WHOIS Information Disclosed
Google Is Killing Google Code
Google Maps Take You To Mount Everest
Google Starts Offering Low-Cost Cloud Service
Google Introduces Insurance Shopping Site
Google To Launch Wireless Service, Android Pay
Google Showcases Future Silicon Valley Headquarters

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .