SuperUser Account / Thursday, February 12, 2015

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

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.

56837 Rate this article:

4.0

Industry News

Two Western Cape wind farms secure offtake, reach financial close

SuperUser Account / Monday, December 15, 2025 0 0 Article rating: No rating

South African energy trader Etana Energy has reported that it will purchase all of the renewable electricity generated by two new wind farms being built by global renewables group Acciona Energía for the first 20 years of operation. The Zen (100 MW) and Bergrivier (94 MW) windfarms, with a combined export capacity of 190 MW, are located between Gouda and Saron in the Western Cape and are expected to produce about 580 GWh/y of renewable electricity.

Transnet maintains improved performance in interim results

SuperUser Account / Monday, December 15, 2025 0 1 Article rating: No rating

State-owned logistics group Transnet says its financial performance for the six months ended September 30 was positive, driven by increased volumes across the business, resulting in increased revenue, earnings before interest, taxes, depreciation and amortisation (Ebitda) and a reduced loss for the period. Revenue increased by 8.8% to R45.2-billion, reflecting higher rail, container and petroleum volumes, as well as weighted average tariff increases in the port and pipeline businesses.

Lawmakers seek halt to easing rules for Starlink

SuperUser Account / Monday, December 15, 2025 0 1 Article rating: No rating

The Parliamentary committee that oversees South Africa’s telecommunications industry called for the withdrawal of a policy directive that would enable Elon Musk’s SpaceX and other satellite-internet companies to operate in the country without ceding ownership. Communications and Digital Technologies Minister Solly Malatsi last week published an official notice asking the industry regulator to amend its rules to allow equity-equivalent investment programs to count toward empowerment, rather than insisting only on a 30% local Black-ownership requirement. The directive came after a public-consultation process in which he said 90% of submissions supported the decision.

South Africa set for biggest cash-system overhaul in decades

SuperUser Account / Monday, December 15, 2025 0 11 Article rating: No rating

South Africa’s central bank plans the biggest overhaul of the nation’s cash system in decades, moving to create a cash-management company, roll out white-label ATMs and tighten oversight of how money circulates to make it cheaper and easier to access. Cash moving through Africa’s biggest economy tops R180-billion, or 2.5% of gross domestic product, and accounts for about two-thirds of all transaction volumes even as digital payments grow. Managing, transporting and securing physical money cost about R90-billion last year, a burden shouldered by consumers. Crime accounts for 13% of that.

Eskom awards contract to develop a Virtual Wheeling platform amid regulatory tensions

SuperUser Account / Monday, December 15, 2025 0 10 Article rating: No rating

Eskom has quietly taken an important step in the rollout of its long-awaited Virtual Wheeling product, awarding a significant contract in the past few weeks to Johannesburg-based Enerweb to build a software platform that will automate and scale the utility’s new wheeling model. The appointment represents the most tangible move yet toward operationalising the Virtual Wheeling initiative, viewed as central to unlocking wheeling of electricity from independent power producers (IPPs) to smaller and low-voltage customers connected either to the Eskom distribution network or embedded within the distribution networks of municipalities in good standing with Eskom.

RSS

1 2