banner

News

SMME Support as of July 2020

What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

SuperUser Account 0 2718 Article rating: 5.0
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

SuperUser Account 0 53771 Article rating: 4.0
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.
RSS

Industry News

Airbus, MTU Aero Engines create JV to develop hydrogen fuel cell aircraft engine

SuperUser Account 0 2 Article rating: No rating
Global major aerospace group Airbus and German engine manufacturer MTU Aero Engines have announced the creation of a joint venture (JV) focused on the development and commercialisation of a fully electric hydrogen fuel cell engine. This is an outcome of the memorandum of understanding signed between the two companies at the 2025 Paris Air Show. The agreement is non-binding and is subject to the standard European and national regulatory approvals and social processes. The JV is expected to commence operations next year. Hydrogen has the potential to greatly reduce aviation’s climate impact over the long term. It could transform aviation in a manner analogous to the impact of electric vehicles on road transport. In aviation, hydrogen fuel cells would produce electricity which would power electric motors that would drive aircraft propellors.

Regulator approves generation licences for four solar PV projects

SuperUser Account 0 6 Article rating: No rating
The National Energy Regulator of South Africa (Nersa) has approved generation licences for four solar PV projects, with a combined contracted capacity of 890 MW and an installed capacity of nearly 1.05 GW, in Mpumalanga and the Free State. The projects form part of Bid Window 7.3 of the Renewable Energy Independent Power Producer Procurement Programme and are being developed by Red Rocket SA and Engie.

Oil surges, stocks tumble as Trump declares Iran MoU 'over'

SuperUser Account 0 4 Article rating: No rating
Oil surged by more than 5% on Wednesday and global stocks and bond prices tumbled, as investors fled risk assets after US President Donald Trump said the memorandum of understanding signed with Iran to end the Gulf conflict was "over". Trump, who was speaking in Ankara ahead of a NATO summit in the Turkish capital, added that he did not want to engage with Tehran.  "As far as I'm concerned, it's just a waste of time dealing with them," he said.

Nersa grants Limpopo municipality electricity trading, distribution facility operation licences

SuperUser Account 0 6 Article rating: No rating
The National Energy Regulator of South Africa (Nersa) has granted the Lepelle-Nkumpi local municipality, in Limpopo, a licence to operate an electricity distribution facility and a licence to conduct electricity trading. The licences relate to the areas of Jackinland, Lebowakgomo Unit R and Motantanyane, which have been earmarked for electrification and are classified as greenfield sites in line with Nersa’s Rules for Distribution Licensable Areas of Supply.

Dangote to fund proposed Kenya refinery with cash, bonds and an IPO

SuperUser Account 0 6 Article rating: No rating
Nigeria's Dangote Group plans to finance a proposed 700 000 bbl/d oil refinery in Kenya through internal cash flow, bonds and an initial public offering, a senior company executive told Reuters. The refinery, East Africa's largest refining project, is expected to take up to three years to build and would supply refined petroleum products to Kenya and neighbouring countries, helping to reduce East Africa's dependence on imported fuels.
RSS
12

© AfriCoast Energy (Pty) Ltd

Designed by Gavin Sterley in association with Meropa

Developed by PCW New Media