The rapid pace at which South Africa is building renewable energy projects, driven by private sector investment, is viewed as positive in the global context, including at the recently held World Economic Forum's (WEF's) yearly Davos meeting, said business organisation Business Leadership South Africa CEO Busi Mavuso. While there is an opportunity for South Africa amid a global context beset by risks, the momentum must continue, particularly the next steps to reform the electricity sector, including the establishment of an independent grid operator, she emphasised in her latest weekly newsletter, published on January 22.
