Brent Crude Oil:

goals,´ he mentioned.

5ES Corporation invited renewable energy project developers to submit proposals to partner with the company and invest in developing, building and operating profitable and sustainable renewable energy generation project.

7his was mentioned by 5ES Corporation Managing 'irector -ackson in a statement on )riday.

-ackson said interested companies who have the necessary experience and capacity may obtain reTuest for proposal 5)3 documents from the procurement 'epartment at Mhlume after paying a non-refundable amount of E1 000 at the Mhlume cash office.

7he Government of Eswatini and business community have urged investors to envisage possible outcomes of investing towards biomass for the purpose of generating electricity.

PRODUCTS

7hey postulated biomass energy can be derived from wood and agricultural products, solid waste, landfill gas and alcohol fuels.

7he listed products are exorbitant in the sugar and textile industry, which, the Minister of Commerce, ,ndustry and 7rade ManToba .humalo attested to be key players in biomass energy production.

,n an interview with this publication, .humalo said localising the generation of electricity would be advantageous to the country.

7he minister said investors would yield tangible return as they would contribute to the local power grid, supplying both urban and rural areas.

+e said since the contract was expiring, local businesses capable of producing electricity should commence production.

“%iomass production is currently imperative to the country as we are working on increasing local generation of electricity to limit imports,´ he said. 7he minister annexed to the paramount role investors play in the production.

+e said the augment of funds towards this project would assist subsides the demand of electricity locally. electricity to businesses that consume a lot of units.

Ubombo Sugar Managing 'irector M' Mu]i Siyaya added that they currently aim to expand production to avail more opportunities.

Siyaya said one of the challenges that were affecting their growth was SCG not coping and they formed a bigger part of production. +e said a majority were struggling financially, despite the assistance of government through Eswatini%ank and )irst )inance, among other contributors.

“Small cane growers have a lot of defaults with financial institutions and this does not only affect their jobs but lives as well,´ he said.

Siyaya added that they have a wing within Ubombo Sugar that caters for SCG and they further subsidies them with fertiliser and other chemicals.