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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

Shumbasolve launches 6.35 MW solar PV project in Mpumalanga

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Shumbasolve, a partnership between property investment company Moolman Group’s energy platform MPower Energy, Highveld Industrial Park and Fledge Capital, has officially launched the 6.35 MW Shumbasolve Phase 2 fixed ground-mounted solar PV project at Highveld Industrial Park, in eMalahleni, Mpumalanga. Phase 2 will power operations at Highveld Industrial Park, strengthening energy security across its operations. Phase 2 is expected to avoid about 6 000 t/y of CO2 emissions.

The First Rand group has launched a new brand to support sustainable energy development

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First Rand sister brands FNB, Rand Merchant Bank and WesBank have launched a new, renewable and sustainable energy-focused, brand into the market. It is nav.energy and is aimed at the residential, commercial and industrial market segments. Already operational, its current focus is on solar energy and battery energy storage, but it had also completed biofuel projects and is actively exploring new market opportunities such as energy trading. “It’s a new approach for us,” First Rand Corporate and Commercial Banking chief commercial officer Nicolas Jay told Engineering News Online, in an exclusive interview. “We’re transitioning from being a funder to being an energy service provider. We’re diversifying. We’re moving into an area adjacent to banking and finance, and giving our customers something different.”

Rail industry hails reforms but further recovery hinges on well-executed strategy

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The Department of Transport’s efforts to open the freight rail network to private operators is gaining momentum, but restoring capacity, securing investments and translating policy changes into reliable services remain critical to unlocking the rail sector’s economic potential. South Africa’s rail recovery also presents a fundamental challenge in that government urgently needs to restore a logistics system which has recently suffered from severe bottlenecks, while ensuring that the reforms intended to achieve this create a commercially sustainable and competitive freight market.

Motorcycle market heading for best year since 2008; e-bike sales outpacing the market

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After a slow start to the year, third-quarter new-motorbike sales have continued the growth trend seen in the second quarter, with sales for the first nine months now up 13.5% compared with the same period last year, says Association of Motorcycle Industry Distributors (AMID) national director Arnold Olivier.          He says the commercial segment has shown overall growth of 10.2%. Within this segment, conventional internal combustion engine (ICE) machines are up by 8%, while electric bike (e-bike) sales continue to grow strongly, recording 35% growth.
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