Firm expanding into renewables while responsibly managing its coal assets.
Their main business is coal, but for Seriti mining company, the future is green and it is investing heavily in renewable energy projects.
During the unveiling of Seriti Green's first majority blackowned wind farm in Mpumalanga, chair and group CEO of Seriti Resources, Mike Teke, said they were "positioned as an energy business".
"We cannot just shut down about 16 coal-fired power stations. There is a role to be played by coal into the near future," he explained.
Teke noted "as part of our energy business strategy, we explored global opportunities in wind, solar, nuclear and coal".
"Seriti is focused on expanding into renewables and green energy opportunities, while responsibly managing our coal assets. This balanced approach is crucial for our energy transition goals," he said.
The energy company said the first phase of the construction of the 155MW Ummbila Emoyeni wind energy facility was underway and would be complete by July 2026.
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Denne historien er fra July 19, 2024-utgaven av The Citizen.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Mud paintings go global
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China's 'Motown' has charms of its own
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Keeping the tradition alive
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India trounce the Proteas
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Boks wary of England
KOLISI: KNOWS EXACTLY HOW IT FEELS TO ENDURE LENGTHY LOSING SPREE
Player safety is high on agenda
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Rugby needs more 'superstars'
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Challenge is 'immense'
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Williamson boost for the Black Caps
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Southee makes his career call
STALWART: ENGLAND TEST SERIES WILL BE SWANSONG
