Redstone CSP reaches financial close, to start commercial operations in late 2023

Saudi energy generation and desalination company Acwa Power says construction has started on the 100 MW Redstone concentrated solar power (CSP) project after achieving financial close on the R11.6-billion project. Acwa, which is the lead shareholder in Redstone expects commercial operations to start in the fourth quarter of 2023.
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Windaba to return to Cape Town convention centre this year

The South African Wind Energy Association (SAWEA) has unveiled the theme for this year’s Windaba conference, ‘Renaissance of the Wind Energy Industry – Delivering Economic Benefits for South Africa’ . The two-day event, which returns to the Cape Town International Convention Centre following a virtual instance of the event last year, is scheduled to take place on October 7 and 8.
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‘Right policy changes’ could ignite R150bn in electricity investment by private firms

Business Leadership South Africa (BLSA), which is made up of some of South Africa’s largest domestic and multinational companies, estimates that private firms would move to invest billions in new power generation capacity in the near term should the rules governing embedded or distributed plants be changed to support such projects. CEO Busi Mavuso says BLSA believes that companies could invest some R150-billion in new plants, most of which would arise in the form of solar photovoltaic (PV) energy “which is currently the least-cost source”.
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Nersa urges stakeholders to join it in opposing Eskom’s latest court challenge

The National Energy Regulator of South Africa (Nersa) announced on Monday that it would oppose an Eskom High Court application seeking to review and set aside the Energy Regulator’s latest regulatory clearing account (RCA) determination. In an unusual step, the regulator also urged other stakeholders to join it in opposing the utility’s legal challenge.
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