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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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Grid and regulatory headwinds fail to dampen wind development mood

The roll-out of onshore wind power in South Africa has been so successful that the total capacity of the wind projects now under development exceeds the target figure for 2042, set by the Integrated Resources Plan (IRP) 2025. That target figure is some 43 GW (the current installed capacity is 5.1 GW), while the capacity now under development comes to more than 60 GW. This achievement comes against the background of the phasing in of the South African Wholesale Electricity Market (SAWEM). The resource is proven, the technology to exploit it is proven and investor appetite for wind projects is proven. The obstacles facing the sector are now in the realms of supporting infrastructure, regulatory alignment, and provincial and local government awareness and capacity.

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