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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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Fedgroup funds renewable energy infrastructure for Coega Steel’s new rolling mill

Financial services firm Fedgroup provided the funding for renewable-energy infrastructure that has enabled steel producer Coega Steels to produce steel with CO2 emissions of about 800 kg/t, which is about 73% below the 3 000 kg/t associated with conventional iron ore-based steel production. The 7 MW solar PV plant provides power to Coega Steels’ new rolling mill, in Nelson Mandela Bay, in the Eastern Cape, and has generated six-million kilowatt-hours so far, while a 50 MWh battery energy storage system (BESS) is nearing commissioning.

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