ArcellorMittal SA planning fesiability study for renewable energy projects
The company expects to benefit from the projects by early 2025, although this could change as the feasibility study reveals more.
SEDIBENG.- ArcelorMittal South Africa has said that it is embarking on a process to develop two 100MW renewable energy projects, planned for Gauteng and the Western Cape, subject to the outcome of a feasibility study, which should be finalised during 2023/2024.
The company said that the two 100MW renewable energy plants are intended to supply existing facilities within ArcelorMittal South Africa, using available ArcelorMittal South Africa land.
“This is an important step in our decarbonisation journey and takes advantage of the changes to legislation announced by the South African government last year, which allow private investors to build their own power plants with up to 100 megawatts of generating capacity without requiring a license,” says Kobus Verster, Chief Executive Officer of ArcelorMittal South Africa.
“Our path to renewable energy is now well underway.”
