The 100 MW Redstone concentrated solar power (CSP) project demonstrates that South Africa is using modern technologies, including renewables, as it transitions to adopting clean sources of energy, says Industrial Development Corporation (IDC) CEO TP Nchocho. After having recently reached financial close, construction on the R11.6-billion project has started. It is expected to reach commercial operation in the fourth quarter of 2023.
Deputy Finance Minister David Masondo reports that Operation Vulindlela is close to resolving an ongoing policy discussion within government on the reforms needed to increase electricity supply “by allowing the private sector to invest more freely in its own generation”. Delivering his Budget Vote speech on Thursday, Masondo again described the shortage of electricity as “the single biggest threat to our economic recovery, apart from Covid-19”.
Cement additive manufacturing company CHRYSO Southern Africa has installed a solar electricity generating system at its Jet Park manufacturing facility, in Gauteng; this forms part of the company’s efforts to lower its carbon footprint. The installation was completed in January and consists of 393 solar panels with a capacity of 400 W each. The panels can collectively generate 157 kWp through five 27.6 K inverters.
INDUSTRY NEWS
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- Standard Bank sets new sustainable finance target of R450bn by 2028April 1, 2025 - 10:00 am
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