Renewables

Ernst & Young wins Nam Power advisory mandate

The project will use gas from the Kudu gas fields of Namibia and will sell power in Namibia and to South Africa. Funds to be raised will be in the order of $400m.

19 May 2004 – South Korea will invest a total of 250bn won ($213m) in developing renewable energy such as solar, wind and hydro-cell energy over the next five years, the commerce ministry said today.