banner

News

SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

SuperUser Account 0 4599 Article rating: 5.0
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

SuperUser Account 0 55368 Article rating: 4.0
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.
RSS

Industry News

Reserve Bank warns carbon taxes may cut exports by 10%

SuperUser Account 0 0 Article rating: No rating
South African economic growth could be severely stunted if carbon taxes are widely imposed on its exports, according to a new report by the country’s central bank. The South African Reserve Bank (SARB) said the hit could reach 10% of exports and more than 9% of gross domestic product in 2050 under a worst-case scenario in which carbon taxes are slapped on all exports by all trading partners. But it also found the impact could be much lighter, in a summary of several studies into the implications of the European Union’a new Carbon Border Adjustment Mechanism on South African exports.

Orange, Vodacom said in talks on African infrastructure deals

SuperUser Account 0 0 Article rating: No rating
Vodacom Group is in discussions with France’s Orange about a strategic partnership in Africa to explore infrastructure deals to help keep down costs on the continent, people familiar with the matter said. The telecommunications companies are looking at agreements in overlapping markets including Egypt and the Democratic Republic of Congo, and reviewing where there are other opportunities to work together, said the people, who asked not to be identified because the discussions are private.

Speakers explore process heat supply alternatives

SuperUser Account 0 9 Article rating: No rating
With South Africa facing an imminent gas supply cliff, and the need to decarbonise becoming increasingly imperative, industrial gas users are facing considerable challenges and may need to explore alternative solutions for process heat supply. This was outlined by speakers during EE Business Intelligence’s ‘Innovating process heat supply: Power to heat and thermal storage’ webinar, on May 20.

Famous Brands reports bump in revenue, while profits decline for 2024 financial year

SuperUser Account 0 12 Article rating: No rating
Branded food services franchisor Famous Brands has reported an 8% increase in revenue to R8-billion for the financial year ended February 29, although a 6% decrease in profit to R812-million and a 1.5% profit margin contraction from 11.6% to 10.1% dampened results. Despite the group’s carefully managed cost base, the operating profit margins were negatively impacted on by input cost pressures and increases in overheads, namely electricity, water, diesel, repairs, maintenance and employee costs.

Eskom board approves plan to operate Camden, Grootvlei and Hendrina to 2030

SuperUser Account 0 12 Article rating: No rating
The Eskom board has given its approval for the continued operation of the Camden, Grootvlei and Hendrina power stations to 2030 – a departure from the original decommissioning schedule that has reportedly been endorsed by Cabinet. In response to a question posed by Engineering News during an update on the Energy Action Plan, head of generation Bheki Nxumalo said: “We have just recently received board approval to run three of our stations – that is Hendrina, Grootvlei and Camden – up until 2030.”
RSS
12

© AfriCoast Energy (Pty) Ltd

Designed by Gavin Sterley in association with Meropa

Developed by PCW New Media