Limpopo, Chinese company speak renewable energy

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Premier Cassel Mathale engages the Chili Capital Management Corporation on the Green Energy

The Premier of Limpopo, Mr Cassel Mathale met with the delegation of the Chili Capital Management Corporation led by its Director, Mr Stephen Lu to engage in exploratory discussions about the Green Energy. Chili Capital Management Corporation is the Chinese Company that deals with, among others, large renewable energy power plant development services. The meeting explored possible ways of enhancing the energy mix of the province to ensure, among others, optimal utilisation of energy resources as espouse by the Limpopo Employment Growth and Development Plan (LEGDP).

During the meeting, Premier Cassel Mathale was joined by the MEC for the Department of Economic Development, Environment and Tourism, Mr Pitsi Moloto, the Director-General of the Limpopo provincial government, Ms Madikolo Rachel Molepo-Modipa, the Strategic Grid Planning Manager of Eskom, Mr Ronald Marais and some senior government officials. On the other hand, the Director of Chili Capital Management Corporation was accompanied by the Chief Executive Officer, Mr Morgan Liao and Mr Angus Jia.

“The meeting explored how our province can contribute to the national goal of improving the long-term reliability of electric supply through meeting adequate criteria over and above keeping pace with economic growth and development. Our national government has an Integrated Resource Plan (IRP) which indicates that our country is planning to commit 16% renewable energy as part of its future energy mix. As result, today’s exploratory discussions are a step in the right direction to ensure that our government achieve universal access and transform the energy sector,” said Premier Cassel Mathale.

Mathale said, “As a province, we support other national energy efficiency initiatives such as the Solar Water-Heating programme that was launched by President Jacob Zuma in April 2010. We are confident that the programme will offset the rising electric costs for residential households through savings on water heating and contribute to the reduction of our country’s carbon footprint.

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