South Africa Looks to India for Renewable Energy Insights

South Africa's Deputy President Paul Mashatile highlighted the country's eagerness to learn from BRICS partners, especially India's renewable energy successes. At the New Development Bank's annual meeting, he emphasized the need for sustainable urban development and acknowledged NDB's financial support in water and sanitation projects.

South Africa's Deputy President Paul Mashatile has expressed the country's keen interest in learning from India's achievements in rural electrification and integrating large-scale renewable energy projects.

Speaking at the New Development Bank's ninth annual board meeting, Mashatile outlined the broader lessons South Africa seeks from its BRICS partners, such as China's rapid renewable energy scaling and Brazil's expertise in hydroelectric power.

He emphasized the importance of investing in new cities to address urban challenges. Mashatile also appreciated the NDB's $5.6 billion loan support, including $2.3 billion for renewable energy projects aiming to contribute 2.8 GW generation capacity and the reduction of CO2 emissions.

(With inputs from agencies.)