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SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

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The purpose of this presentation is to provide the information on what the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa.

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

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Renewable energy engineering firm AfiCoast Engineers SA has announced that a new company,
AfriCoast Energy, will now be responsible for all future renewable energy projects - particulary
wind and solar - while it will also play a key role in guiding AfriCoast Engineers' current
basket of renewable energy projects.
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Industry News

Shoprite Group powers up its 100th solar installation; seeks more wheeling partners

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Retail giant the Shoprite Group has powered up its 100th solar photovoltaic (PV) system – at Shoprite Morula in Tshwane – more than ten years after launching its first solar project in 2015. With an installed capacity of more than 43 300 kWp, the company says it solar portfolio ranks among the largest of any South African private company. 

Cesa offers engineering support following national disaster declaration

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In response to government's declaration of a national disaster following torrential rains, widespread flooding and wildfires in parts of the country, industry organisation Consulting Engineers South Africa (Cesa) CEO Chris Campbell says its members have the specialised engineering expertise to support recovery and rebuilding efforts, working in partnership with government and relevant stakeholders through appropriate and established processes. The severe weather in recent weeks has claimed at least 30 lives, primarily in the Limpopo and Mpumalanga provinces.

Cost of ferrochrome electricity deal cannot be ‘socialised’, Ramokgopa reiterates

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Electricity and Energy Minister Dr Kgosientsho Ramokgopa has reiterated that the cost of the solution being pursued to salvage South Africa’s ferrochrome smelters, most of which have been closed on the back of surging electricity tariffs, cannot be subsidised by other consumers. Speaking to Radio 702 from the World Economic Forum in Davos, Switzerland, Ramokgopa confirmed that he was meeting with some global mining CEOs on a proposed solution, which had already been canvassed with domestic CEOs and labour leaders.

Frontier economies’ investment growth has halved – World Bank

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Frontier market economies - a cluster of 56 mostly middle-income economies - have on average achieved less than half the rate of investment growth per person in the 2020s than the rate achieved in the 2010s, says international finance institution the World Bank. Over the past 25 years, the growth rate of investment per person in these economies has ratcheted down, dropping to just 2% in the 2020s, which is less than half the rate in the previous two decades.

UN calls for reset as world enters era of global water bankruptcy

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The world has entered an era of global water bankruptcy, as many societies have overspent their yearly renewable water ‘income’ from rivers, soils and snowpack, and have depleted long-term ‘savings’ in aquifers, glaciers, wetlands and other natural reservoirs. A flagship report by United Nations University’s (UNU’s) Institute for Water, Environment and Health (INWEH), reveals that terms such as ‘water stressed’ and ‘water crisis’ fail to reflect the current reality in many places: a post-crisis condition marked by irreversible losses of natural water capital and an inability to bounce back to historic baselines.
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