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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

EDF Renewables, partners building 1.2 GW of low-carbon power capacity

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EDF Renewables is currently leading the construction of almost 1.2 GW of low-carbon power generation capacity in South Africa, comprised of 763 MW of wind power, 355 MW of solar photovoltaic (PV) and 75 MW of battery storage. This new build programme comprises eight sites across the Northern and Eastern Cape, developed by EDF Renewables and its partners.

Standard Bank mobilises debt fund to support sustainable infrastructure in Africa

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Financial services firm Standard Bank has committed to Acre Impact Capital’s Export Finance Fund I to support the financing of sustainable projects in Africa. Acre Impact Capital manages Export Finance Fund I, which seeks to invest in climate-aligned and sustainable infrastructure projects in renewable energy, health, food, water security, sustainable cities and green transportation, thereby providing access to essential services to predominantly underserved communities across the continent.

Electrical specialist says load curtailment in Ekurhuleni should be respected, or more outages ...

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With the City of Ekurhuleni having entered into a load curtailment agreement with national power utility Eskom, this mandatory energy reduction has been met with some protest by businesses, but electrical control equipment provider CBI-electric:low voltage engineering executive Dr Andrew Dickson says the alternative is worse. Eskom took over control of loadshedding in Ekurhuleni in March, after the city reportedly failed to execute power outages when required. The metro had since negotiated a load curtailment agreement with Eskom, which requires that businesses reduce their electricity consumption by 30%.

Tribunal approves Vitol’s buyout of Engen

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The Competition Tribunal has approved the proposed acquisition of petrol station brand Engen by independent energy marketing and trading company Vitol Emerald, subject to a set of competition and public interest conditions.   The tribunal’s order follows a hearing last month during which it heard submissions from the Competition Commission, the merging parties, the Department of Trade, Industry and Competition (dtic), Sasol South Africa, Astron Energy South Africa, the National Union of Metalworkers of South Africa, and the Chemical, Energy, Paper Printing, Wood and Allied Workers Union. Following the hearing, the tribunal requested additional submissions from the commission, the merging parties, Sasol and Astron Energy.   MERGING PARTIES Vitol supplies and distributes crude oil, petroleum products and natural gas globally.
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