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South Africa names bidders for 1,000 MW of green power

By Peroshni Govender JOHANNESBURG (Reuters) – South Africa has named preferred bidders for the fourth round of a series of renewable energy projects, that will add about 1,000 megawatts (MW) of power to its ailing grid, industry insiders said on Tuesday. Africa’s most advanced economy is committed to introducing green energy into its power mix, 95 percent of which is coal at the moment, to redress its chronic electricity shortages.