Green energy IPPs create 14 000 jobs

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Independent power producers (IPPs) using renewable energy had created about 14 000 jobs over the past three years, Energy Minister Ben Martins said on Friday. “One of the imperatives of government is to ensure that all departments assist in job creation. Through the independent power producers programme, more than 14 000 have been created,” Martins said following a summit with 61 IPPs. “At the meeting, we acknowledged and expressed appreciation of the fact that to date more than R100 billion has been invested into this particular sector.” IPPs are entities which either own and or operate facilities that generate electric power. They then sell the power to a utility, central government buyer or to end users. The meeting was also attended by representatives of the Development Bank of Southern Africa, Eskom and the Public Investment Corporation. Diplomats representing Denmark, Spain, Germany, Norway, and the UK were also present at the Pretoria meeting. Martins said the IPP project had brought significant direct foreign investment. – Sapa

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