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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

Home Affairs opens public comment on proposed digital ID system

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Home Affairs Minister Dr Leon Schreiber has officially gazetted draft amended regulations under the Identification Act of 1997 for public comment, as plans to digitise the identity system expands. The proposed regulations aims to allow citizens to store, access, and use digital versions of their key identification documents directly on their smartphones.

Discovery Green inks 10yr PPA to supply Afrox’s Kuilsrivier ASU with renewable energy

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Industrial gases and welding products company Afrox has signed a ten-year power purchase agreement (PPA) with renewable energy trading company Discovery Green to supply renewable energy to Afrox's Kuilsriver air separation unit (ASU), in Cape Town. Discovery Green will provide the ASU with about 28 GWh/y of renewable electricity under the agreement, starting in April 2028, from a diversified portfolio of wind and solar assets across the Western Cape, Mpumalanga and the Free State.

Sustained Middle East conflict could push global insolvencies up by 10% this year

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Global business insolvencies are set to rise by 6% this year, on the back of a 6% rise in 2025, which would result in the fifth consecutive year of growing insolvencies, before plateauing at a high level in 2027, says trade credit insurance company Allianz Trade. However, a prolonged conflict in the Middle East would amplify insolvency risks.

South Africa poised for record IPP deployments in 2026

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South Africa’s utility-scale renewables and battery storage market is poised for a record year of installations, a new research note produced by the Power Futures Lab at the UCT Graduate School of Business shows. Authors Dr Olakunle Alao and Dr Wikus Kruger state that six projects with a combined capacity of 1 787 MW had already advanced to financial close by April 30, while a further 27 projects, representing 3 575 MW, are poised to achieve that milestone by year-end.

Heidelberg weighs bid to acquire South African cement firm PPC

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Heidelberg Materials is in talks with banks to appoint financial advisers as it considers a bid for top South African cement maker PPC, according to people familiar with the matter. The German building-materials firm already has a presence especially in West Africa and wants to expand on the continent, said the people, who asked not to be identified because the information is private. Heidelberg is weighing a complete acquisition of the 134-year-old Africa-focused cement maker, they said.
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