SERITI READY TO MAKE ITS FIRST STEP INTO WIND FARM CONSTRUCTION WITH 155MW

PRIVATELY-owned Seriti, a major coal supplier to South Africa’s State power utility Eskom, announced the acquisition of Windlab Africa’s wind and solar energy assets last August, launching its foray into renewable energy. Seriti Resources chief executive Mike Teke said the 155MW wind farm, which is expected to feed power into the national grid by 2025, was the company’s first step towards becoming a diversified energy producer. “We felt that it’s important that we take our responsibility and consider investing in renewable energy, because we believe climate change is reality, we believe carbon neutrality is important and we have to make sure that we participate,” said Teke. Seriti Green chief executive Peter Venn said the 155MW wind farm would have the capacity to supply 75% of Seriti Resources’ power requirements at its coal mining operations. Sasol announced last week that it had signed three 229MW wind power purchase deals.