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A new initiative to promote renewable energy and the green economy in the Western Cape was launched in Cape Town on Friday the 5th of November 2010.
The GreenCape initiative is a government-funded, industry-led initiative to support the development of renewable energy in the province.
Western Cape Minister of Finance, Economic Development & Tourism Alan Winde said at a media briefing that the provincial government wanted to go from "talk to action". The initiative had been mandated with the roll-out of a comprehensive green economy strategy.
He said that the provincial government provided R5-million to kick-start projects in the sector.
He stated that the Western Cape had set itself a target to achieve a 15% shift to renewable energy generation by 2014.
This had the potential to create 20 000 jobs and attract R45-billion worth of investment into the province over the next ten years.
The GreenCape initiative had been established to facilitate the achievement of the target and growth of the province's renewable energy sector.
Additional information: Full story at EngineeringNews
News date: 05/11/2010