Russian civil nuclear shipping and floating nuclear power plant company Atomflot, part of the State-owned Rosatom nuclear group, has signed a preliminary agreement with mining company GDK Baimskaya to provide four small modular reactors (SMRs) to power the miner’s Baimskaya copper and gold development, World Nuclear News has reported. The project is located at a remote site in the Chukotka region of Russia’s far east arctic. (GDK Baimskaya is a subsidiary of KAZ Minerals, itself part of the …
Renewable energy company Scatec Solar has signed a two-year lease agreement with Engie to provide a mobile plug-and-play solar photovoltaic (PV) plant at its hydrogen production plant at Anglo American Platinum’s Mokalakwena mine, in Limpopo.
Scatec launched its Release by Scatec service in September 2019 – a service through which it offers industrial players in emerging markets access to flexible, reliable and low-cost power.
Renewable energy company Solar Capital has appointed the Row2Rio ocean rower Zirk Botha country manager of its South African operations.
Solar Capital is a subsidiary of the Phelan Energy Group.
ACWA Power, one of Saudi Arabia’s main vehicles for building renewable energy projects, said meetings with potential investors ahead of an initial public offering have gone “very well.” The company, half-owned by the kingdom’s sovereign wealth fund, is pushing ahead with an IPO it’s been discussing for years, CEO Paddy Padmanathan said in an interview with Bloomberg TV. Over the next five years, the company will double the amount of power it generates, mostly from renewable sources amid a global shift away from burning fossil fuels, he said.
Eskom Holdings, South Africa’s biggest emitter of greenhouse gases, is evaluating the use of carbon capture at power plants as part of decarbonisation plans to transform the coal-burning utility. The process that captures carbon-dioxide emissions would need to be financially viable, CEO Andre de Ruyter said in an interview on radio station 702 on Friday.
President Cyril Ramaphosa has described a recently gazetted amendment to Schedule 2 of the Electricity Regulation Act, opening the way for sub-100 MW grid-tied embedded generators to supply one or more customers without a licence, as a “defining moment in energy generation in our country”. Responding to a Parliamentary question on the progress being made on government’s Economic Reconstruction and Recovery Plan (ERRP), the President said that the reform, which was implemented in August, had been “widely welcomed, not only in our country, but also globally”.
Diversified international private healthcare services group Mediclinic’s Southern Africa division has entered into an agreement, valued at up to £110-million, or about R2-billion, with Energy Exchange of Southern Africa to procure renewable electricity. As part of the group’s broad environmental, social and governance (ESG) strategy, Mediclinic has set an ambitious target to become carbon neutral by 2030.
The University of the Witwatersrand’ (Wits’) Johannesburg Lightning Research Laboratory (JLRL) is turning Johannesburg into a laboratory where live lightning events are measured and characterised through the use of high-speed cameras, direct current measurements, fast electric field measurements, field measurements and comparison with lightning location systems. To build on Wits’ pioneering research into lightning, and as part of the Wits Centenary programme that seeks to advance society for good, the JLRL has partnered with lightning protection company Dehn Africa and State-owned telecommunications company Sentech to support research into the protection of renewable energy systems from lightning.
Creamer Media’s Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the nearly R19-billion loss posted by power utility Eskom for the 2021 financial year, as well as about Eskom’s still-high debt levels and what impact this could have on the utility’s just energy transition transaction.
Power utility Eskom has won a summary judgment against the Emfuleni local municipality for R1.3-billion, which the municipality owes the State-owned entity for unpaid bulk electricity services in 2019.
The R1.3-billion was part of a total debt of R1.9-billion, which the local government had accumulated in 2019.
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