Investors should focus on climate opportunities instead of risks

There is significant tension not so much between the need for economic development and the need for climate action, but rather between the losses expected to be incurred as a result of climate inaction and the immense opportunities for growth that result from taking action, World Wide Fund for Nature (WWF) programme manager Louise Naudé has said. Speaking during a panel session at the Southern African Venture Capital and Private Equity Association’s 2022 conference, in Johannesburg, on May 26, she said the idea that we have to somehow balance socioeconomic and environmental needs to effect a just energy transition was a false dichotomy, because pursuing climate goals would create immense socioeconomic opportunity.
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Weekend load-shedding to stay on Stage 2 for now, says Eskom

Load-shedding will remain on Stage 2 during evening peak hours over the weekend, Eskom confirmed on Friday morning.  Spokesperson Sikonathi Mantshantsha said any changes would be announced in due course, but at the time of publication, “nothing [had] changed with the current guidance”. 
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Enlit Africa is back

Enlit Africa returns to Cape Town as a live conference and exhibition from June 7 to 9 this year, focusing on the current opportunities and challenges in the energy sector – from self-generation for municipalities and gas exploitation to renewable and energy storage solutions for the commercial and industrial sectors.
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Company to exhibit at Enlit Africa in June

With advanced submetering instrumentation and intelligent energy management solutions, industrial power and energy meter solution manufacturer Accuenergy is proud to be exhibiting at Africa’s leading energy event, Enlit Africa
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Energy transition to be discussed at Enlit

As South Africa experiences yet another period of load-shedding, the option of generating electricity for personal use is starting to look all the more attractive.
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Workable solutions to mitigate SA’s energy crisis

South Africans have become accustomed to working and living with load-shedding over the past few years. Scheduled and unscheduled power outages have become a reality, with 1 130 hours of planned power cuts experienced in 2021 alone. Recently, the country was warned that the future of its electricity supply does not look bright and to prepare for about 61 days of load-shedding between April 01, 2022 and August 31, 2022 – depending on unplanned unavailability.
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Water solutions for Makana Municipality

Water service utility Amatola Water, Makana municipality and consulting engineering company Bosch Projects continue to work hard to solve the water shortages in Makhanda, formerly Grahamstown, in the Eastern Cape.
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First hydrogen-burning power plant operational

Energy supplier Long Ridge Energy Terminal (Long Ridge) – a subsidiary unit of transportation and infrastructure company Fortress Transportation and Infrastructure Investors and an affiliate managed by asset management firm GCM Grosvenor – announced a successful first step to transition Long Ridge’s power plant toward carbon-free hydrogen.
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Hydro project achieves commercial operation

The Nyamwamba 11, 7.8MW hydropower project reached its PPA Commercial Operation Date (COD) on March 17, 2022.
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Local construction sector continues to struggle

The fragile South African construction sector is being further weakened by the continuing lack of implementation of the infrastructure delivery plan by government, as well as the demand for residential, retail and commercial buildings from the private sector, says diversified infrastructure and services construction company Concor CEO Lucas Tseki. Owing to South Africa’s poor economic state and the consequences of the pandemic, significant projects have been cancelled or delayed over the past two years.
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