As a result of its actionable commitments towards a JET, FTSE Russell’s Green Revenues data model, designed to measure the revenue exposure of public companies engaged in the transition to the green economy, bestowed a Green Revenues Factor rating of 3.64% on Exxaro for the first time ever.
The fund, regulated by the Financial Sector Conduct Authority, has a mandate to invest in solar panels, inverters and batteries in residential complexes, as well as commercial and industrial installations.
Of significance, says SAWEA, is Ramaphosa’s plans to appointment a new Electricity Minister, dedicated to ending the prevailing electricity generation deficit, by safeguarding that the Energy Action Plan (EAP) is implemented, to ensure increased new power generation over the next five-year period.
INDUSTRY NEWS
- ‘Landmark’ Discovery Green offtake deal with Red Rocket unlocks 150 MW wind projectMay 30, 2025 - 2:04 pm
- Mulilo and Scatec emerge as preferred bidders for R9.5bn battery storage projectsMay 30, 2025 - 12:04 pm
- From geological data to policy, Africa still has big critical-minerals gaps to closeMay 30, 2025 - 1:04 am
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