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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

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Norfund makes major investment in South African renewable-energy company

The Norwegian investment fund for developing countries, Norfund, has invested $75-million (more than R1-billion) in South African independent power producer (IPP) and renewable-energy (solar, wind and battery storage) developer Mulilo, the latter has announced. This investment was managed through Norfund’s Climate Investment Fund. Since 2023, Mulilo’s majority shareholder has been Danish group Copenhagen Investment Partners (CIP). The latter invested in Mulilo through its New Markets Fund I.

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