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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

Growing BESS market to underpin local battery cell manufacturing – LSF study

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The rapidly expanding regional market for battery energy storage systems (BESS) is creating the commercial foundation needed to support domestic lithium iron phosphate (LFP) battery cell manufacturing in South Africa, a new feasibility study released by the Localisation Support Fund (LSF) posits. The study was conducted by Ernst & Young Advisory Services (EY-Parthenon), serving as an independent adviser to the LSF, and drawing on a multidisciplinary team with expertise in economic development, industrial policy, value chain analysis and advanced econometric modelling.

S&P estimates that its group of rated African economies will borrow $155bn this year

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Credit markets analysis company S&P Global Ratings estimates that commercial long-term borrowing by the 27 African countries rated by ratings agency S&P will reach $155-billion this year, up from $140-billion in 2025. This rise in the borrowing by these African countries is being driven by maturing debt obligations and ongoing fiscal financing requirements.

PPC says ‘more to come’ from turnaround even if market stays subdued

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PPC CEO Matias Cardarelli says there is “more to come” from the cement producer’s operational and financial turnaround regardless of whether market conditions, which have remained subdued during the first two years of the group’s recovery, improve on the back of promised infrastructure spending. The company announced a strong performance for the ten months to January 31 during its Capital Markets Day on March 18, with the highlight being the rise in its earnings before interest, taxes, depreciation and amortisation (Ebitda) margin to 19.4%.
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