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SMME Support as of July 2020
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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

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.
The support for SMME’s are expected to continue to increase annually.
The support is also expected to increase once all the projects from BW4 finalise Construction and enter the Operations Measurement Period.

 

Please see the PDF below for full details.

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Industry News

Redefine choosing to remain optimistic despite challenging market conditions

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JSE-listed Redefine Properties reported solid results for the six months to February 29, despite prevailing challenging economic conditions in South Africa, including the impact of high interest rates, loadshedding and consumer strain, CEO Andrew König said in a briefing on May 6. He said the group was choosing to be "mindfully optimistic" about the future, cognisant of the challenges, but also of the opportunities it could capitalise on.

Renergen successfully producing liquid helium at Virginia project

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ASX- and JSE-listed gas producer Renergen is now able to liquify helium in batches from its wells at the Virginia gas project, in South Africa’s Free State province. Since April 2, the original-equipment manufacturer (OEM) that supplied the equipment had brought the helium cold box to the appropriate temperature to liquify helium. A part of this process involved the purification of the helium to a level of 99.999% purity, which Renergen said had been validated by an independent third-party laboratory.

Rand gains on stronger PMI data

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The South African rand was stronger in early trade on Monday, after private sector activity rose marginally in April. At 0724 GMT, the rand traded at 18.4650 against the dollar, about 0.3% stronger than its previous close.

Air Products to leverage expertise to bolster South Africa’s hydrogen mobility ecosystem

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Industrial and specialty gas manufacturer and supplier Air Products South Africa is looking to leverage on the group’s global expertise and experience in the hydrogen industry, as well as its technology offering, to play a pivotal role in establishing a sustainable and thriving hydrogen mobility ecosystem in the country. Air Products on-site general manager Dumisa Gina told Engineering News in an exclusive interview that Air Products, headquartered in the US, was the leading supplier of hydrogen globally, and boasted an extensive patent portfolio related to hydrogen supply and dispensing technology.

Climate commission model points to the growth potential of green industrialisation

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The initial direct cost of placing South Africa on an energy transition pathway over the coming five years in line with its decarbonisation targets is calculated at a hefty R1.5-trillion in the Just Energy Transition Investment Plan (JET-IP). Less visible, however, are the socioeconomic costs associated with failing to pursue the Nationally Determined Contribution (NDC) goal of reducing carbon dioxide-equivalent (CO2-eq) emissions to the lower end of the NDC range of between 420-million and 350-million CO2-eq tons in 2030.
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