Black-owned coal company Seriti acquires multi-gigawatt renewable energy assets

In a significant renewable energy step, Seriti Resources, a 91% black-owned and controlled coal mining company, has acquired 100% of Windlab South Africa through its climate-change mitigating subsidiary Seriti Green. The acquisition supports Seriti’s objective of lowering its carbon footprint and ensuring long-term sustainability as a diversified energy producer and supports the South African government’s calls at the COP27 UN Climate Change Conference for further investment into green energy sources as part of the imperative to lower global carbon emissions.

from Engineering News | Home https://ift.tt/YOcvV6i