Nordex, EU partners seek to ensure fully recyclable turbines by 2032

Onshore wind turbine manufacturer Nordex is participating in a sustainability project, funded by the European Union (EU), to drive the recycling of high-value materials from wind turbine blades. Currently, 85% to 95% of a Nordex wind turbine is recyclable. For many of the materials used, there are established recycling processes for environment-friendly disposal, especially for steel and concrete, which make up the largest share of a wind turbine in the tower and foundation.
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De Ruyter to meet with lawmakers about corruption allegations

Andre de Ruyter, the former CEO of State-owned power utility Eskom Holdings who said the organisation was riddled with corruption, has agreed to appear before the South African parliament’s Standing Committee on Public Accounts and also present a written submission. He will be asked about corruption, theft, maladministration, sabotage, lack of consequence management, cartels and other financial irregularities at Eskom, the committee said in an emailed statement. A date for the meeting hasn’t been set yet.
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Cabinet approves Electricity Bill

Deputy President Paul Mashatile is engaging with parliament in the expediating of a number of Bills which are a priority for the country, including the Draft Electricity Amendment Bill. This was according to Minister in the Presidency Khumbudzo Ntshavheni who briefed the media on the outcomes of the Cabinet meeting held on Wednesday.
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Cabinet approves Bill to open power market

Cabinet approved a Bill on electricity regulation designed to clear the path for private generation projects and power trading. State-owned Eskom Holding has provided more than 90% of electricity used by the most industrialized nation on the continent for a century. The Electricity Regulation Amendment Bill outlines an entity to buy power as a step toward establishing a competitive market.
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South African catastrophes, power woes signal end of cheap insurance

Three major jolts in as many years coupled with the once unthinkable possibility of a power grid collapse have spooked reinsurers in South Africa, spelling an end to cheap coverage in the continent’s most developed insurance market. Insurance premiums are climbing worldwide on the back of rising inflation and interest rate hikes. But reinsurance rates in South Africa are outstripping the global trend – in some cases tripling – as insurers grapple with an unprecedented claims load, six industry executives told Reuters.
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