Wind Power Cost Drops

With the successful bidders for Round 3 of the Renewable Energy Independent Power Procurement Program announced, it has emerged that the price of wind energy has dropped dramatically to a simple average of 74 cents per kiloWatt hour, decreasing significantly from the already highly competitive price of the previous round. Joining CNBC Africa for a look at the movement in this sector is Johan Van den Berg, CEO of the South African Wind Energy Association.

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