The Industrial Development Corporation (IDC) said yesterday that its funding of black-owned Pele Green Energy, which is involved in South Africaâs largest renewable energy project, Redstone, underscored its âcommitment to transformationâ as well as improving security of energy supply in the country. Photo: David Ritchie/African News Agency (ANA) IDC grows its funding footprint in renewable energy space By Philippa Larkin Share JOHANNESBURG - THE INDUSTRIAL Development Corporation (IDC) said yesterday that its funding of black-owned Pele Green Energy, which is involved in South Africaâs largest renewable energy project, Redstone, underscored its âcommitment to transformationâ as well as improving security of energy supply in the country.