Power utility Eskom announced on Thursday afternoon that it would implement Stage 3 load-shedding from 08:00 to 22:00 on Friday. Load-shedding moved from Stage 2 to Stage 4 on Wednesday afternoon.
In this opinion piece, South African Photovoltaic Industry Association (SAPVIA) chairperson Wido Schnabel writes that the country has everything it needs to not only work its way out of the recession that is coming, but to actually improve the situation for every individual and elevate the country’s standing internationally. In 1992, the phrase, “It’s the economy, stupid” was painted by James Carville, Bill Clinton’s political strategist, on the walls of the presidential campaign office. With …
UK-based global industrial technology group Rolls-Royce has been awarded a multi-million euro contract to supply Neutron Flux Monitoring Systems to two nuclear reactors being built in China. The contract is from the China National Nuclear Corporation (CNNC) and will be executed by Rolls-Royce Instrumentation and Controls (I&C), which is based in Grenoble in France. The exact value of the contract has not been released. “For more than 25 years, we have been collaborating with CNNC in China,” pointed out Rolls-Royce Civil Nuclear France business unit director Stéphane Lessi. “We are delighted to have signed this new contract, which is further proof of the confidence that CNNC places in our I&C technologies and in our people.”
Independent private equity fund manager Metier has announced a $25-million investment into clean-energy company Broadreach Energy, which specialises in deploying renewable-energy and energy efficiency projects in the commercial and industrial (C&I) sectors of various African countries. The investment has been made through Metier’s second Sustainable Capital Fund, or MSC II,  which has received $133-million in commitments to support renewable-energy, energy efficiency, water and waste-management investments in sub-Saharan Africa.