The Department of Trade, Industry and Competition (DTIC) has been designated as the “single department” referred to in the recently published State of Disaster (SoD) regulations to coordinate the “streamlining and expediting of applications and decision-making procedures for regulatory processes related to energy generation projects”. The appointment is catered for under Regulation 5(1)(e) and the Presidency’s Rudi Dicks reports that the clause is in line with the National Energy Crisis Committee’s initiative to established a one-stop shop within government specifically to expedite regulatory approvals for electricity projects.
The Democratic Republic of the Congo’s (DRC’s) first solar photovoltaic (PV) metrogrid developer Nuru has secured an initial $1.5-million from investors in a convertible note round ahead of the close of its Series B funding round. The investment is a bridge to bolster the company’s $25-million Series B equity fundraise, which will be invested by a consortium of international investors at financial close.
Rich nations have an obligation to fund South Africa’s development of green hydrogen as part of a global effort to decarbonise, according to the Presidency’s infrastructure chief. The most industrialized nation on the continent that depends on coal to generate 80% of its electricity has plans to attract as much as $250-billion into green hydrogen, an emerging technology used to split water using renewable energy.
Solar park operator and owner AEP Energy will be advancing its global expansion plans at this year’s Africa Energy Indaba (AEI) by showcasing its unique mobile solar container, the MooV Solar. The MooV Solar container boasts a capacity of between 90 kW and 150 kW, depending on the end-user’s requirements, and is fully mobile, making it a cost-effective and instant solution for a range of industries including disaster response, military use, industrial applications, agricultural production and public power suppliers.