Posts

Multinational power company launches microgrid solution

Last month, multinational power solutions provider Cummins announced the launch of its new PowerCommand Microgrid Control product line for managing, coordinating and optimising distributed energy resources (DER) – such as the MGC300 and MGC900.
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REIPPPP requires more traction to address challenges

The Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) continues to take years to move through the various phases – from initiating tenders to delivering energy to the end-user – which, considering the challenges that South Africa is facing, is a luxury the country cannot afford, says technology provider NEC XON alternative energy sales head Wessel Wessels.
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Wind association lauds S Africa govt’s policy progress

The South African Wind Energy Association (Sawea) has applauded the South African government for the progress made in policy over the last 12 months, beginning with the gazetting of the Integrated Resource Plan 2019 (IRP 2019) and all the hard work done, despite the Covid-19 pandemic, to ensure its commitment to the stabilisation of future growth for the renewable power sector.
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South Africa’s biggest power shift in over a generation holds big promise, and some risk

Next year, 2021, is poised to be a pivotal one for South Africa’s renewable-energy sector – for real this time! The industry will have an opportunity, finally, to participate in the fifth bid window of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the bid documentation for which will be released in January.
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Flagship project set to demonstrate flexibility, convenience of procuring independent power

A flagship renewable energy project, commissioned by Amazon and to be rolled out by SOLA Group, is set to demonstrate the flexibility and convenience of procuring independent power through the electricity grid. The project will see 28 GWh of solar energy wheeled via State-owned power utility Eskom’s grid from a solar farm in the Northern Cape to Amazon’s facilities each year.
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Standard Bank publishes climate-change-mitigating fossil fuels financing policy

Financial services company Standard Bank Group has published its Fossil Fuels Financing Policy (FFFP) as part of its efforts to improve its management of environmental, social and governance (ESG) risks and contribute to the sustainable development of Africa.
 
This follows the 2019 adoption of policies on lending for coal-fired power projects and coal mining operations specifically.
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2020s a ‘once-in-generation opportunity’ to scale job-rich, zero-carbon industries

The 2020s represent a “once-in-a-generation opportunity” for countries, companies and investors to scale zero-carbon industries that will stimulate growth, support more resilient economies and create millions of jobs, a newly released global report argues. Titled ‘The Paris Effect: How the climate agreement is reshaping the global economy’, the report has been published by global consultancy SYSTEMIQ, a Certified B Corporation founded in 2016 to drive the achievement of the Paris Climate Agreement and the United Nations Sustainable Development Goals. B Corporations are for-profit companies that seek to use the power of business to solve social and environmental problems.
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Western Cape Cabinet approves Atlantis SEZ land transaction

The Western Cape Cabinet has approved key amendments to the founding documents of the Atlantis Special Economic Zone Company (ASEZ Co), which enabled the purchase of land on which the ASEZ Co is located from the City of Cape Town in exchange for minority shareholding in the ASEZ Co. This is considered a critical step in the development of the ASEZ Co, as it allows the company to attract and engage investors independently over the next three years, with the ability to negotiate terms directly.
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juwi appoints new South Africa MD, Emea financial director

International project developer juwi has appointed Richard Doyle as its new MD for South Africa, while Carlos Duran has been appointed the new Europe, Middle East and Africa (Emea) FD. Both appointments are effective December 1.
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AfDB, Irena to jointly advance Africa’s energy transition

The International Renewable Energy Agency (Irena) and the African Development Bank (AfDB) will jointly support investment in low-carbon energy projects, a move which is expected to advance Africa’s energy transition. The two entities have signed a declaration of intent to coordinate on a range of activities, including co-organising renewable energy investment forums as part of Irena’s contribution to the Climate Investment Platform, and collaboration on the AfDB’s yearly flagship Africa Investment Forum event.
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