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New SAIIA paper highlights IMF’s role in supporting South African just transition

Global finance organisation the International Monetary Fund (IMF) has an important role to play in supporting South Africa’s just transition away from fossil-fuel dependence, independent think-tank the South African Institute of International Affairs (SAIIA) has found. The organisation this week launched a new research paper that seeks to explore the potential role of the IMF in supporting the country’s just energy transition.
March 2, 2022 by

Sakhumnotho Power, Keren Energy partner on 100 kW green hydrogen proof-of-concept project

Investment holding company Sakhumnotho business unit Sakhumnotho Power has partnered with energy project development company Keren Energy Investments to undertake a proof-of-concept project to produce green hydrogen at a site supplied by Namaqua Engineering, in Vredendal, in the Western Cape. The site has a 100 kW photovoltaic solar system installed and this renewable energy will be used as the primary energy to produce green hydrogen. The hydrogen generated will, ultimately, be used in fuel cell vehicles in the future.
March 1, 2022 by

Number of considerations as Africa pursues just energy transition

As African countries pursue an energy transition, it is vital that this process be just and takes into account the impact on jobs and communities, and this requires a number of considerations, including developing proper policy, being cognisant of regional differences while also seeking an integrated approach, and pursuing an ideal energy mix. This was indicated by speakers during the African Energy Indaba on March 1.
March 1, 2022 by

Mantashe wants to ‘refocus’ just energy transition debate as DMRE moves to finalise own policy

Mineral Resources and Energy Minister Gwede Mantashe indicated on Tuesday that his department will seek to “refocus” South Africa’s just energy transition debate as it prepares to finalise its policy on the matter. In an address to the Africa Energy Indaba on Tuesday, Mantashe indicated that the Department of Mineral Resources and Energy (DMRE) intended initiating “a wide-ranging public dialogue and consultation process in this year” on its ‘Just Transition Framework for the Energy and Mining Sectors’.
March 1, 2022 by

Cheap South African solar projects face cost challenge to close

Solar projects in South Africa’s latest renewable power procurement round may have difficulty reaching financial close due to issues including rising supply chain costs, according to people familiar with the details. Some of the bids are experiencing trouble ahead of a deadline to complete financing arrangements, according to the people who asked not to be identified because the information is not public. South Africa’s Department of Mineral Resources and Energy expects the projects to close in April.
March 1, 2022 by

Investec Property to build solar rooftop PV plant at Cornubia Mall

Property development company Investec Property will build a 5.25 MW rooftop solar photovoltaic (PV) plant at the Cornubia Mall, in Durban, to reduce the mall’s reliance on the grid and ease the pressure on the national power grid. This is a key step in Investec Property’s mission to embrace renewable low-carbon emission technology across its assets, thereby decreasing their environmental impact on society.
March 1, 2022 by

Nuclear corporation extends deadline for research reactor RFI responses

The South African Nuclear Energy Corporation (Necsa) announced on Sunday that it was extending the deadline for responses to its Request for Information (RFI) regarding its Multi-Purpose Reactor (MPR) project, by 30 days, to this coming April 8, at 16:00 South African time. The extension is due to, in Necsa’s words, “the excellent global response” to the RFI and to allow the responders additional time so that they could supply more detailed information. The corporation highlighted that the RFI was not focused exclusively on the MPR itself. The RFI was looking at a wide range of components and services. In addition to the nuclear reactor, these were – a neutron beamline centre and associated equipment; facilities for fuel and material testing (by irradiation); the manufacturing of fuel and target plates; and on-site accommodation or lodging.
February 28, 2022 by

South Africa must build resilience to external shocks while decarbonising

If South Africa were to pursue its own version of a Green New Deal (GND), it would need to decarbonise the economy while building resilience to external shocks and stabilising the economy for all, said Global Institute for Sustainable Prosperity president Fadhel Kaboub on February 25. He espoused these lofty ideals while speaking at a webinar, hosted by strategic climate change grant-making organisation the African Climate Foundation and climate change and social justice activist organisation Heinrich Böll Foundation, that sought to explore the possibility of a GND for South Africa.
February 28, 2022 by

Bushveld Energy pushing for localisation of VRFB technology

South Africa needs to industrialise further and create more jobs and vanadium redox flow battery (VRFB) manufacturing presents an ideal technology for full localisation. Energy storage solutions provider Bushveld Energy is seeking to build a local supply chain for its VRFB technology and is aiming to achieve “extremely high” levels of local content.
February 25, 2022 by