Roux Wildenboer addresses how Absa is supporting renewable energy projects in the Agri sector.
The agricultural sector needs to embrace renewable and alternative energy sources.
In this instalment of the 2019 Absa Insights Series, Roux Wildenboer, Head: Agriculture, Absa CIB, discusses the increase in renewable energy projects and how Absa is backing them with Hendrik van der Linde, Coverage Banker, Secondary Agriculture, Absa CIB, and Ray van Rooyen, Coverage Banker, Secondary Agriculture, Absa CIB.
- As load shedding continues, many sectors and businesses are moving into alternative energy sectors.
- It is not yet viable to move 100% off-grid, but as technology improves and solutions broaden, the Agri sector will look increasingly towards alternative energy sources.
- Consortiums that invest in alternative energy solutions are also on the rise.