S.African insurer Discovery enters renewable power trading ...Middle East

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S.African insurer Discovery enters renewable power trading
source : Bloomberg News Today ( Middle East ) () 9
The logo of South Africa’s Discovery group in seen on its headquarters in Sandton, Johannesburg, South Africa, February 20, 2020. REUTERS/Mike Hutchings Acquire Licensing Rights JOHANNESBURG, Sept 6 (Reuters) – South African insurer Discovery Ltd (DSYJ.J) on Wednesday launched a renewable power trading platform in a bid to tap into a rapidly developing market as businesses seek solar and wind energy to sustain operations amid a power crisis. South Africa has witnessed a boom in adoption of renewable energy as struggling state utility Eskom has implemented record daily power cuts this year to prevent a total grid collapse. But not all businesses such as fitness centres, community sh

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