Patrice Motsepe plans to boost clean power generation sevenfold

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African Rainbow Energy and Power, backed by billionaire Patrice Motsepe, is looking to boost renewable power generation sevenfold to become one of the biggest clean electricity providers on the continent.

African Rainbow Energy and Power, backed by billionaire Patrice Motsepe, is looking to become one of the biggest clean electricity providers on the continent.African Rainbow Energy and Power , backed by billionaire Patrice Motsepe, is looking to boost renewable power generation sevenfold to become one of the biggest clean electricity providers on the continent.

“We’ve always thought we should build up scale” and create a significant energy company, said AREP CEO Brian Dames. Last year it formed a joint venture with Absa Group Ltd that together made up R6.5bn of renewable assets, forming a fund known as African Rainbow Energy.

Source: Energy Industry News (energyindustrynews.net)

 

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Start with Rankuwa yr people are safaring there

Eat everything Motsepe, you have brother in law who is president - then regulate the sector so that small enterprise don’t come in like y’all did with mining 🤞🏽

That explains eskom

This one must just voetsek

Lol ehh

How fortuitous 🙄 Some people always seem to be at the right place at the right time...

Let conspiracies begin

That's why Ramaphosa is sabotaging eskom, so that he paves way for his brother in law.

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