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Sasol, IDC team up to stimulate South Africa’s green-hydrogen industry

JSE-listed Sasol and the State-owned Industrial Development Corporation (IDC) have signed a memorandum of cooperation to jointly advance South Africa’s green-hydrogen economy. In a joint statement, the two companies said the memorandum recognised that South Africa was in a unique position to leverage its world-class renewable resources and Sasol’s Fischer-Tropsch technology and skills to position the country as a global hydrogen leader.
July 5, 2021 by

IFC, Canada invest in Kinguele Aval hydropower plant in Gabon

Development finance institution the International Finance Corporation (IFC) and various Canadian government organisations are providing a financing package for the 35 MW Kinguele Aval hydropower plant, in Gabon. Meridiam Infrastructure Africa Fund FIPS, Meridiam Infrastructure Africa Parallel Fund FIPS and the Fonds Gabonais d’Investissements Strategiques (FGIS), with the support of the government of Canada, are providing funding for the project, which is the first independent power producer project in Gabon.
July 5, 2021 by

Nafcoc pushes for transformation amid promise of energy generation opportunities

Federated chamber the National African Federated Chamber of Commerce and Industry (Nafcoc) has welcomed the announcement by President Cyril Ramaphosa that the licensing-exemption threshold for distributed generation projects will be increased to 100 MW from the previous cap of 1 MW. “We are delighted with this development as it allows ordinary companies and independent power producers (IPPs) to contribute significantly to the country’s energy requirements and it also creates an environment that is conducive to investment in clean energy in South Africa,” says Nafcoc Gauteng spokesperson Refilwe Monageng.
July 2, 2021 by

KfW issues RFI for €200m South African green-hydrogen programme

A request for Information (RFI), aimed at gathering information on potential green hydrogen project opportunities in South Africa, has been released. The RFI has been issued by the Council of Scientific and Industrial Research (CSIR) and Meridian Economics on behalf of German development bank KfW, which has set aside up to €200-million in concessional financing on behalf of the German government for the initiative.
July 2, 2021 by

Climate Commission sees no downside to more ambitious emissions pledge

South Africa’s Presidential Climate Commission (PCC) has recommended that government make an improved carbon-reduction commitment to the United Nations Framework Convention on Climate Change in its updated Nationally Determined Contribution (NDC) and should also confirm a long-term target of achieving net-zero carbon emissions by 2050. In a report delivered to President Cyril Ramaphosa on July 1, the PCC argues that South Africa’s target range for 2030 should be lowered to between 350- and 420-million tons carbon dioxide equivalent (MT CO2-eq).
July 2, 2021 by

Energy transition to have a net positive effect on jobs

Creamer Media’s Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about a new report published by the International Renewable Energy Agency that shows that an energy transition aligned with a 1.5°C-compatible climate pathway will have a net positive effects on job creation and about what this could mean for South Africa.
July 2, 2021 by

US Security Council likely to meet next week on Ethiopia dam

The United Nations Security Council will likely meet next week to discuss a dispute between Sudan, Ethiopia and Egypt over a giant dam built by Ethiopia on the Blue Nile, French UN Ambassador Nicolas de Riviere said on Thursday. Arab states earlier this month called on the 15-member council to meet to discuss the Grand Ethiopian Renaissance Dam (GERD) and Ethiopia’s plans fill the dam for a second time this summer without an agreement with Sudan and Egypt.
July 2, 2021 by