A $1.9-billion infrastructure fund owned by Old Mutual said South Africa should start with power as it embarks on an R2.3-trillion drive to lure private investment into infrastructure over the next decade. Electricity is South Africa’s most urgent need and the country has experience of approving renewable energy projects with a prior program attracting R209-billion of private investment, Vuyo Ntoi, co-managing director of African Infrastructure Investment Managers.
Creamer Media’s Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the process initiated by the Department of Mineral Resources and Energy to procure 2 000 MW of electricity capacity to fill an emergency supply gap and what this process says about the how the department plans to tackle the country’s power problems.
A grid impact assessment and integration study for multi-asset energy company Kibo Energy’s Benga power plant project (BPPP), in Mozambique, has been completed and submitted to power utility Electricidade de Moçambique (EDM). This forms part of the definitive feasibility study optimisation and financial model integration for the BPPP, the company report.
The Department of Environment, Forestry and Fisheries (DEFF) has dismissed suggestions that renewable-energy projects developed within the designated Renewable Energy Development Zones (REDZs), including the three new zones being proposed, will be exempt from all environmental authorisation processes. In July, the department called for public comment on the creation of new REDZs in Emalahleni, Klerksdorp and Beaufort West, in addition to the eight existing REDZs in Overberg, Komsberg, Cookhouse, Stormberg, Kimberley, Vryburg, Upington and Springbok.
Advanced electronics equipment original design manufacturer Etion Create has secured a contract to supply its VF360 OpenVPX boards for the core computing units (CCU’s) installed in the one of the world’s largest offshore wind farm projects. The Sofia offshore wind farm, 100% owned by German utility RWE, is being constructed 200 km off the UK coast in the North Sea area known as the Dogger Bank.
In this opinion piece, South African Photovoltaic Industry Association (SAPVIA) Grid Access Working Group chairperson Daniel Goldstuck, writes about a possible solution to South Africa’s energy crisis. What if I told you that our energy crisis could be alleviated with one simple change?
Ethiopia’s prime minister and Sudan’s leadership said on Tuesday they would make every effort to reach a deal on a giant hydropower dam on the Blue Nile that has caused a bitter dispute between Addis Ababa and Cairo over water supplies. Ethiopia, Egypt and Sudan failed to strike an agreement on the operation of the Grand Ethiopian Renaissance Dam (GERD) before the reservoir behind the dam began being filled in July. But the three countries have returned to talks under African Union mediation.
A more affordable, effective cervical cancer screening device, a digital platform to help farmers plan and distribute crops, a new way to secure banking through facial recognition, and a tool that monitors the condition of solar photovoltaic (PV) installations are the four innovations selected as finalists for the Royal Academy of Engineering’s 2020 Africa Prize for Engineering Innovation. The finalists were selected from a shortlist of 15 African innovators, who have all received eight months of training and support through the Africa Prize.
London-based global information provider IHS Markit says the growth in global oil demand is expected to taper off, with global crude oil demand plateauing just below pre-pandemic levels. According to the company’s new analysis, global oil demand, currently at 89% of pre-Covid-19 levels and rising, is expected to level off at between 92% to 95% of demand prior to the pandemic.
South African asset manager Stanlib’s Infrastructure Investments unit has acquired a 10% equity stake in Mulilo Energy Holdings, which is a R1.8-billion privately-owned renewable energy developer. This transaction is strategic and complementary to both companies, Mulilo says.
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