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Ten-week project cements supplier storage capacity

Heavy lifting and rigging specialists Lovemore Bros successfully concluded a substantial materials handling, stowage and delivery project of 73 parts weighing 307.1 t for a client based in Witbank, Mpumalanga. The project, which started in the second week of May, was finished when the last item was delivered to the Richards Bay Port on August 8.
November 4, 2022 by

Systems assist with loadshedding woes

The current energy crisis sweeping South Africa has increased the need for reserve power, whereby complete management systems can help manage different energy sources, says power management company Eaton Africa power quality product manager Jaco du Plooy. He explains that, while solar power is being used by local businesses, solar energy is limited to certain times of day when sunlight is available, thereby increasing demand for energy storage among local businesses.
November 4, 2022 by

Sasol says 600 MW renewables deal ‘imminent’ as it moves to cut emissions

JSE-listed group Sasol expects to conclude power purchase agreements for 600 MW of renewable energy “imminently” as it moves ahead with plans to meet a 2030 target of reducing its greenhouse-gas (GHG) emissions by 30%, while sustaining energy and chemical production volumes. The renewables electricity will be wheeled to the group’s South African operations through the Eskom grid by 2025 and Sasol expects to add a further 600 MW of renewables by 2030.
November 3, 2022 by

Dropped generator for Koeberg on track to arrive in December, Eskom tells Parliament

Eskom has said it will meet the deadline to get a steam generator that suffered minor damage when it was dropped at a Chinese factory to Koeberg Unit 1 by December this year. An Eskom delegation updated a joint meeting of Parliament’s Portfolio Committee on Public Enterprises and the Portfolio Committee on Mineral Resources and Energy on concerns with getting a unit at Koeberg in Cape Town ready for operation.
November 3, 2022 by

Emergency plan to tackle South Africa’s energy crisis remains work in progress

President Cyril Ramaphosa promised in late July to implement emergency measures within three months to tackle record blackouts. But those have only been partially implemented and outages continue. Ramaphosa plans to deal with energy-related issues when he addresses parliament in Cape Town on Thursday, his spokesperson Vincent Magwenya said. He declined to comment on the specifics.
November 3, 2022 by

Commission refers competition complaint against Vita Gas to the tribunal

The Competition Commission has referred to the Competition Tribunal a complaint against Vita Gas for the alleged abuse of market dominance in the supply of liquified petroleum gas (LPG) from import terminals in the Western Cape.

The commission found that Vita Gas allegedly contravened the Competition Act and exploited its market dominance by entering into an exclusive agreement with the only LPG terminal in the Western Cape – the Saldanha Bay-based Sunrise Energy import and distribution facility.

November 2, 2022 by

Solar provider gets RMB Corvest’s backing as a strategic partner

Private equity firm RMB Corvest has invested in Sedgeley Solar Energy Namibia (Sedgeley Energy) as a strategic partner to enable Sedgley Solar to capitalise further on rooftop solar photovoltaic (PV) opportunities.
 
Independent investment banking firm Bravura, which was appointed by Sedgeley Energy, identified private equity fund RMB Corvest as a strongly-aligned investment partner. 
November 2, 2022 by