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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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Lyra Energy signs private offtaker agreements for inaugural 255 MW solar PV project

Electricity trader Lyra Energy reports that it has entered into power purchase agreements with three private offtakers that will buy a large portion of the electricity to be produced from its 255 MW Thakadu solar PV project. The Thakadu project is the first project to be implemented in South Africa by Lyra, which is a partnership between independent power producer Scatec, which owns 50% of the trading platform, as well as Standard Bank and Stanlib.

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