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SA and Germany sign energy MoU

South Africa and Germany on Thursday signed a Memorandum of Understanding (MoU) to promote cooperation between the two countries on energy issues.

The two parties said they were determined to enhance the bilateral dialogue and practical cooperation between them in the energy sector by establishing a partnership, which builds on the on-going successful cooperation in the energy sector.

The main objective of the energy partnership is improving and developing a sustainable energy infrastructure, particular through the increased use of renewable energy and energy efficiency.

Both acknowledged activities under various existing bilateral and multilateral dialogues and took note of the recent advancement in renewable energy efficiency technologies, the available renewable energy resources in South Africa and the consequent opportunities for their widespread applications.

They recognized the creation of appropriate market environments for the increasing role of private sector involvement, along with an enabling framework for strong public-private partnerships.

View the full article at The Green Times.

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