NEW: Wind and solar energy generates R8.3bn benefit

Despite independent power remaining a very small part of South Africa’s energy mix, solar and wind projects have generated a R8.3-billion benefit in just the first six months of the year.

This is according to a recent report by the Council for Scientific and Industrial Research (CSIR) which attempted to calculate how much money renewable technologies are saving South Africa.

From January to June this year, the collective contribution of wind energy and solar power (photovoltaic) projects to the economy exceeded their tariff (of R4.3-billion) by R4-billion. Wind energy produced the most net savings of R1.8-billion, the CSIR report said.

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