Flagship project set to demonstrate flexibility, convenience of procuring independent power

A flagship renewable energy project, commissioned by Amazon and to be rolled out by SOLA Group, is set to demonstrate the flexibility and convenience of procuring independent power through the electricity grid. The project will see 28 GWh of solar energy wheeled via State-owned power utility Eskom’s grid from a solar farm in the Northern Cape to Amazon’s facilities each year.
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Standard Bank publishes climate-change-mitigating fossil fuels financing policy

Financial services company Standard Bank Group has published its Fossil Fuels Financing Policy (FFFP) as part of its efforts to improve its management of environmental, social and governance (ESG) risks and contribute to the sustainable development of Africa.
 
This follows the 2019 adoption of policies on lending for coal-fired power projects and coal mining operations specifically.
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2020s a ‘once-in-generation opportunity’ to scale job-rich, zero-carbon industries

The 2020s represent a “once-in-a-generation opportunity” for countries, companies and investors to scale zero-carbon industries that will stimulate growth, support more resilient economies and create millions of jobs, a newly released global report argues. Titled ‘The Paris Effect: How the climate agreement is reshaping the global economy’, the report has been published by global consultancy SYSTEMIQ, a Certified B Corporation founded in 2016 to drive the achievement of the Paris Climate Agreement and the United Nations Sustainable Development Goals. B Corporations are for-profit companies that seek to use the power of business to solve social and environmental problems.
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