Denmark-based wind energy equipment multinational Vestas is optimistic about renewable energy, and specifically onshore wind energy, opportunities in South Africa and more broadly in Africa. “We are also evaluating the potential of South Africa to act as a possible industrial hub towards the Southern and Eastern African markets. The African Continental Free Trade Area, which came into effect in January, presents interesting opportunities, especially for South Africa to view the renewable energy industry and the relevance of support for it through a new lens,” says Vestas South Africa MD Louise Paulsen.
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