On the 09th October 2009 the Department of Energy (DoE) signed a Memorandum of Understanding (MoU) with the Clinton Climate Initiative (CCI) to prepare a pre-feasibility study assessing the potential of developing one or more Solar Parks in South Africa. The collaboration produced a Solar Park Pre-feasibility study report which was approved by the Department in May 2010 and later endorsed through Cabinet Approval. The report concluded that solar power can be deployed in South Africa in large quantities over the next decade at costs that become competitive with coal-fired power, providing the country with clean and secure energy to help meet its growing demand.