Author Archive for: Engineering News

Europe’s scramble to find new sources of energy to reduce its reliance on Russia has given Sasol, South Africa’s biggest fuel producer, a new purpose to accelerate its green hydrogen plans. Sasol is focusing on green hydrogen — made by machines called electrolyzers that are powered by the wind and sun — in South Africa’s northwest coast. The company is doing a feasibility study that it expects to complete in two years, according to Sasol’s CEO Fleetwood Grobler.

Banking and wealth management firm Investec has reaffirmed its commitment to funding a sustainable future by issuing its first green bond, which is backed by a number of Investec’s flagship renewable energy projects, all of which are helping to create a cleaner future for South Africa.

The bonds raised R1-billion under Investec’s Domestic Medium-Term Note bond programme, which was 3.8 times oversubscribed – revealing significant appetite among institutional investors who want to make a positive impact in terms of their environmental, social and governance (ESG) commitments.

“We owe the board and management of Eskom our full support as they work to turn the utility around,” President Cyril Ramaphosa writes in his weekly newsletter. Published against the backdrop of a recent bout of Stage 4 load-shedding and fresh finger-pointing over who is to blame for intensifying load-shedding, Ramaphosa insists that the crisis has its roots in events that pre-date the current Eskom leadership.

Electrical and digital building infrastructure specialist Legrand’s range of cast resin transformers (CRT) has been designed for high-efficiency, enhanced safety and low environmental impact during energy distribution in diverse applications. Typical installations include data centres, shopping malls, hospitals and residential buildings. CRTs are also suitable for photovoltaic (PV) installations and wind power, as well as offshore applications, the railways, shipping and airport facilities.

All possible creative and innovative energy solutions must be explored to mitigate the challenges faced by State-owned power utility Eskom while it tries to diversify the energy mix and reduce the reliance on coal-powered generation, says strategic research and advisory company Birguid senior associate Patience Panashe.