Page 68

G r a ss r i d g e

W i nd

F a r m

PPC CEMENT Grassridge Wind Farm on-track to begin electricity production in 2015

T

he farm is owned by Grassridge Wind Power which comprises of InnoWind, the Industrial Development Corporation and the Grassridge Winds of Change Community Trust. This was the first wind energy project to be established at the site of a working limestone quarry, PPC’s Grassridge Quarry in Port Elizabeth. Construction of the wind farm formed part of PPC’s long-term rehabilitation plans for the mine and is the first of many steps in PPC’s undertaking to procure power from renewable sources.

www.ppc.co.za

Why Invest in the Former Homelands?

80% I n e x c e ss o f

o f staff e mp l o y e d o n sit e ar e fr o m t h e n e i g h b o uri n g c o mmu n iti e s

68

The Eastern side of the Eastern Cape is empty of renewable developments, even though there is an abundance of wind, access to the electricity grid and good road networks. The Former Homelands of the Eastern Cape is an area that is overlooked and ignored by developers, largely due to its unique non-investor friendly land tenure legislation, due to a legacy of the apartheid era land Acts. Because of this, these regions remain as some of the poorest in the country, with little private sector investment in any sector, renewables included. There are various potential challenges which can put investors off the area, but Webb was keen to emphasise that both the Department of Energy as well as the Department of Rural Development and Land Reform have embraced the possibility of

www.aFRICAoutlookmag.com

We are one of few developers investing time and money working in the Eastern end of the Eastern Cape Province because of the perceived development risks associated with land tenure here”

Profile for Outlook Publishing

Africa Outlook Issue 19  

Essential reading for those who want to keep up to date with African business.

Africa Outlook Issue 19  

Essential reading for those who want to keep up to date with African business.