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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

South Africa’s infrastructure spending to top $582bn through 2050 – PwC

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Over the next 25 years, infrastructure investment in South Africa is forecast to be led by transport, resources and power, which together account for 63% of total infrastructure spend through to 2050, audit and assurance firm PwC’s ‘Global Infrastructure Outlook 2025 – 2050’ report shows. PwC says the analysis is the first of its kind to offer long-term infrastructure spending forecasts to 2050 across nine sectors, 20 subsectors and 45 countries and territories, representing 88% of global economic output.

WEG, Energy Venture Capital partner to finance hybrid energy projects in South Africa

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Electric technologies and energy solutions provider WEG has partnered with strategic energy investment company Energy Venture Capital (EVC) to provide funding of between R5-million and R500-million to hybrid energy projects in South Africa. The companies have signed a memorandum of understanding to jointly evaluate hybrid energy projects on a case-by-case basis and offer funding opportunities consistent with the energy market.

Joburg residents should not be ‘collateral damage’ in R5.2bn Eskom debt dispute

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The Organisation Undoing Tax Abuse (Outa) has called on Eskom to pursue the recovery of R5.2-billion in outstanding debt owed to it by the City of Johannesburg (CoJ) without interrupting power supply to residents and businesses. Eskom issued a notice of its intention, from July 8, to interrupt the supply of electricity to certain bulk supply points, which could affect the Johannesburg CBD, Fordsburg, Fairlands, Cresta, Midrand, Carswald and surrounding areas.

Toyota launches its first fully electric vehicle in SA

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South Africa’s long-running market leader has finally launched its first fully electric vehicle in the domestic market – the Toyota bZ4X. Priced rather steeply at R1.18-million, this battery electric sports-utility vehicle (SUV), with a driving range of roughly 450 km, is not for everyone, however.

Eskom in early talks with World Bank, other funders for nuclear expansion

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South Africa's state-owned power utility Eskom is in exploratory talks with the World Bank to help fund a new multi-billion dollar nuclear build programme that could be launched within 12 months, a senior Eskom official said on Wednesday. Eskom, which operates Africa's only operational nuclear power station close to Cape Town, is in the process of preparing a request for information for up to 5 200 MW of new nuclear generation capacity.
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