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October 28, 2011

Lesotho signs $15 billion water, wind energy deal

Filed under: International News,News — Tags: — admin @ 8:41 am

Lesotho has signed a $15 billion (11 billion euro) renewable energy deal with a South African company in the country’s largest-ever private investment, officials said on Thursday. “The project aims to harness the natural resources of wind and water in Lesotho’s Maluti Mountains to produce power that will be used by both Lesotho and South Africa,” Johannesburg-based Harrison & White Investments said in a statement. The Lesotho Highlands Power Project (LHPP) will generate 6,000 megawatts of wind p …
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