A deadline of the end of October has been set for the signing of power purchase and implementation agreements by the remaining 22 Bid Window Five (BW5) renewables projects, following the conclusion of the first such agreements with three wind projects, with a combined capacity of 420 MW and a combined investment value of R11-billion. IPP Office head Bernard Magoro reported on Thursday that all BW5 preferred bidders had now secured grid-connection Budget Quotes from Eskom, the absence of which had delayed the conclusion of the round from an initial deadline of April, and that “the next step is to now sign the agreements”.
Worldwide employment in renewable energy reached 12.7-million in the past year, which was an increase of 700 000 new jobs in one year despite the lingering effects of Covid-19 and the growing energy crisis, says global body the International Renewable Energy Agency (Irena), which has published a report in collaboration with the International Labour Organisation (ILO). The ‘Renewable Energy and Jobs: Annual Review 2022’ report identifies domestic market size as a major factor influencing employment generation in renewables, along with labour and other costs.
East and West African renewable energy services provider Starsight Energy and South African solar energy provider SolarAfrica Energy are merging to expand operations with ambition of becoming one of the largest commercial and industrial (C&I) solar developers in Africa. The proposed merger combines the strengths of the duo to unlock a pan-African renewable energy services provider positioned to serve a wider range of clients with a comprehensive mix of technology-enabled renewable energy solutions that provides power security, cost savings and carbon reduction.
Renewable energy development company Kibo Energy has signed a definitive share purchase agreement (SPA) to acquire a 100% interest in a waste reception, anaerobic digestor (AD) and combined heat and power (CHP) power plant named Southport at Merseyside, in the UK. The company said on September 21 that the acquisition of the 12 MW waste-to-energy project was in line with its refocused strategy to acquire and develop an energy portfolio centred on sustainable, renewable and clean energy solutions and opportunities.
Load-shedding should ease over the coming days and the nation’s electricity supply will continue to improve over the medium term as new investments bolster generation, according to Public Enterprises Minister Pravin Gordhan. “We will have load-shedding for a while in South Africa,” Gordhan said on Thursday in an interview on Bloomberg TV. But “not of the order that we’ve seen in the recent past,” he said.
Industry organisation the Global Wind Energy Council (GWEC) says governments need to take dramatic action to scale up wind and renewable energy in this decade, and to address energy security and climate crises ahead of the international climate meeting the Conference of the Parties 27 (COP27). If the world is to get on track for 1.5 °C-compliant pathway (above preindustrial levels) to net zero, yearly global wind energy installations must quadruple to about 390 GW/y by 2030, according to the International Energy Agency and, by 2050, wind energy must generate more than one-third of global electricity, up from 6% today.
With load-shedding escalating as South Africa enters the summer crop planting season, the current energy crisis may have implications for food security into the coming year unless farmers can put measures in place to mitigate against the effects of load-shedding, says Agri SA. The industry body has requested an urgent engagement with Eskom CEO André de Ruyter on the outlook for load-shedding in the coming weeks.
Business organisation Business Unity South Africa (Busa) is urging government to urgently implement identified priority interventions, as the economic damage of the ongoing load-shedding is “severe and there must be an immediate intervention to deal with the crisis to at least manage load-shedding better”. Small and medium-sized businesses, in particular, are experiencing severe difficulties and many may not be able to recover from this, the organisation warns.