South Africa’s Council for Scientific and Industrial Research (CSIR) and financial services group Nedbank have partnered with the RES4Africa Foundation, a private sector and member-driven organization that promotes investment into and facilitation of renewable energy projects across the African continent.
Made official by the RES4Africa Steering Committee, the membership of the CSIR and Nedbank will strengthen the relationship among the three entities and further promote renewable developments in South Africa by encouraging positive and productive collaborations.
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The President of RES4Africa Foundation Salvatore Bernabei said “the challenges that South Africa’s power sector is experiencing offer the opportunity to scale up the deployment of renewable energy, which has the potential to ensure a more reliable and sustainable electricity service, at a fairer price.”
He further said “with its partners in South Africa, RES4Africa is carrying out a dedicated program focused on the country’s energy transformation. We therefore gladly welcome CSIR and Nedbank as partners, a tangible result of the positive collaborations we’ve established over the past months.”