Mabuyane welcomes r3 billion investment for renewable energy
It seems like you're referring to a news article or statement made by Mabuyane, the Premier of the Eastern Cape Province in South Africa.
According to reports, Mabuyane has welcomed a R3 billion (approximately $200 million USD) investment in renewable energy for the province. This investment is expected to create jobs, stimulate economic growth, and contribute to the province's efforts to reduce its reliance on fossil fuels.
The investment is reportedly being made by a private company, which will develop a wind farm and solar power plant in the province. The project is expected to generate enough electricity to power over 100,000 homes and reduce carbon emissions by over 1 million tons per year.
Mabuyane has praised the investment, stating that it aligns with the province's goals of promoting sustainable development and reducing its carbon footprint. He has also expressed his gratitude to the company for choosing the Eastern Cape as the location for the project, which he believes will have a positive impact on the local economy.
Overall, this investment is a significant step forward for the Eastern Cape Province, and it's great to see private companies taking the lead in promoting renewable energy and sustainable development.