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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.

Tuesday, April 14: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price traded flat for a while once the markets opened on Sunday evening in New York, but got sold down in two separate selling bouts, with the low tick coming shortly after the London morning gold fix.  The 1 p.m. BST rally was dealt with in the usual manner an hour and change later in New York—and once the London p.m. fix was in,