Woolworths to invest further R17.5m in renewable-energy projects

Retail group Woolworths will make a further R17.5-million worth of investments in renewable-energy projects, which are projected to have a payback period of four to five years. The investment includes solar power installations of R10.5-million and a renewable-energy agreement of R7.3-million a year at key locations that include its head office and distribution centres in Cape Town, as well as its stores in Phalaborwa Mall, in Limpopo, and Greenacres Shopping Centre, in the Eastern Cape.