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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

Scatec inaugurates 540 MW Kenhardt solar farm

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Norwegian renewable energy company Scatec has inaugurated the 540 MW Kenhardt solar farm in the Northern Cape. In his keynote address at the event, on April 18, CEO Terje Pilskog commended how far the site has come to producing electricity for South Africa’s grid and reiterated the company’s commitment to the local market.

Cryogenics technology, expertise crucial in future gas economy

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Cryogenics technology and expertise are becoming increasingly important as South Africa plans on leaning into using liquefied natural gas (LNG) as a major source of energy, Howden senior application engineer Pieter Swart said at mine ventilation solutions developer Howden’s Technology Day, hosted at Mintek, in Johannesburg on April 17. Cryogenics also played a crucial role in the handling of helium, which played a critical role in scientific research, medical technology, high-tech manufacturing, space exploration and national defence initiatives, he added.

Private renewables procurement may mitigate boom-bust cycles curbing South Africa’s green ...

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The combination of public and private procurement of large-scale renewables in South Africa signals increased stability for manufacturers of key components, a new GreenCape report argues. Published ahead of the release of the much-anticipated South African Renewable Energy Masterplan (SAREM), which will outline the country’s official approach to localising renewables value chains, GreenCape’s ‘Large-scale Renewable Energy’ report forecast that there will be about 32 GW of installed renewables capacity in South Africa by 2030.

Goldman says South African market ‘tough’ before election

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South African investors are holding off on big moves before the vote next month, Goldman Sachs Group said, as the elections shape up to be the most pivotal in 30 years. Assuming the vote is trouble-free, “we could see quite a significant pickup in foreign interest in both equities and debt,” said Simon Denny, chief executive officer for South Africa at Goldman. Interest-rate cuts and progress tackling the nation’s rolling power outages will also be key to attracting more foreign capital, he said. Goldman has significantly expanded its operations in South Africa, tripling headcount over the past five years in its Johannesburg offices, from where it services the rest of sub-Saharan Africa. The US bank is betting on growth as energy constraints ease by the end of the year and a smooth outcome in the nation’s most-contested general election since 1994. “The market remains tough,” Denny said. “But we have capital on the ground and everything in place to continue to grow our businesses.”
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