Cape Town’s own-build solar plant on track for year-end completion

The City of Cape Town’s Atlantis solar PV plant has, to date, seen the installation of around 2 400 solar panels out of the planned 12 850 panels as part of this R200-million renewable-energy project. The plant, with an initial capacity of 7 MW, will be connected to the local grid by the end of the year.
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Global energy investment to reach record $3.3tr this year

Global energy investment is set to increase to a record $3.3-trillion this year, despite headwinds from elevated geopolitical tensions and economic uncertainty, according to the International Energy Agency’s (IEA’s) latest yearly ‘World Energy Investment’ report. The report, which provides key insights on the latest investment trends across the global energy landscape, finds that investment in clean energy technologies, such as renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification, is on course to hit $2.2-trillion this year.
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