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SMME Support as of July 2020
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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

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.
The support for SMME’s are expected to continue to increase annually.
The support is also expected to increase once all the projects from BW4 finalise Construction and enter the Operations Measurement Period.

 

Please see the PDF below for full details.

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Energy major gears up to roll out solar across retail sites as it marks South African centenary

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Energy group bp Southern Africa (bpSA) has set the expansion of its service station network in South Africa as a key priority as it moves to mark its centenary in a country where it first began operating on May 9, 1924. Communications and external affairs head Hamlet Morule tells Engineering News that bpSA intends rolling out 15 new sites during 2024, with ten sites currently in development, followed by a further 11 in 2025.

South Africa has many of world’s worst air pollution sites, study says

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South Africa is home to many of the world’s worst emission sites for toxic nitrogen dioxide and sulfur dioxide and most of those are operated by the nation’s state power utility, according to Greenpeace. Coal-fired power plants operated by Eskom account for five of the world’s biggest single source nitrogen-dioxide emission sites and two of the worst sulfur-dioxide sites, the environmental campaign organization said in a study, Major Air Polluters in Africa, released on Thursday. Sasol, a South African petrochemicals company, operated another of the world’s top 10 nitrogen dioxide sites, Greenpeace said.

South Africa sees smaller FDI inflows in fourth quarter – Reserve Bank

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South Africa recorded smaller foreign direct investment (FDI) inflows of R16.2-billion in the fourth quarter of 2023, from R26-billion in the third quarter, central bank data showed on Thursday. For 2023 as a whole direct investment inflows moderated to 96.5 billion rand, down from R151-billion in 2022, as equity investment by foreign parent companies in domestic companies slowed down, the South African Reserve Bank's Quarterly Bulletin also showed.

Metals and engineering industry must find common purpose in negotiations - Seifsa

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While more incendiary rhetoric related to the main agreement negotiations in the metals and engineering industry can be expected in the run-up to the negotiations later this year, common purpose must be found between stakeholders to craft solutions to entrenched differences, Steel and Engineering Industries Federation of Southern Africa (Seifsa) CEO and chief negotiator Lucio Trentini says. "The economy has been hit by a double-digit contraction, battered by an unprecedented and alarming jobless rate, and is languishing in sub-optimal economic growth.

Record yet uneven renewables growth recorded in 2023, Irena report shows

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Despite record renewable-energy installations of 473 GW last year, the International Renewable Energy Agency (Irena) says the pace of deployment remains well below that needed to match the global goal of tripling capacity by 2030. In addition, the geographic distribution of new investment was highly uneven, with Africa lagging in particular. The ‘Renewable Capacity Statistics 2024’ report states that the installed renewables base climbed 13.9% to 3 870 GW in 2023, underpinned by solar photovoltaic (PV) installations, which surged by 32.2%, or 346 GW.
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