
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.
Esta historia es de la edición July 19, 2024 de The Citizen.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 19, 2024 de The Citizen.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar

Salah inspires Reds
EPL RACE: SLOT’S MEN OPEN UP A MASSIVE LEAD OVER ARSENAL AT THE TOP

6 in 10 youth have no jobs
WORK: WHY SOME STILL REJECT OFFERS

How to ask for a pay raise
If you approach it with entitlement, it often backfires.

Flautist soars on the winds of success
WOUTER KELLERMAN: HIS LIFE IS AN EMBODIMENT OF THE INSTRUMENT HE PLAYS

'Mickey 17 shows people's strength'
South Korean director Bong Joon-ho has said his new film highlights the resilience of ordinary people against the powerful in a time of creeping authoritarianism.

Benefits to raising VAT
INDIRECT: BROADENS THE RATE AND GETS EVERYBODY TO PAY SOME TAX
VAT hike set to haunt ANC
LOCAL GOVT POLLS: MORE PUNISHMENT AWAITS PARTY

SA's fallen soldiers buried
LIMPOPO: SEVEN SANDF MEMBERS FROM PROVINCE LAID TO REST OVER THE WEEKEND
Racial tensions must stop
ANARCHY: ONLY REVOLUTION SA NEEDS IS ONE THAT GIVE US A WELL-LED GOVERNMENT

Undertaker fined R11.4m
Debarred for decades for selling insurance without authorisation.