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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

MTN ranked South Africa’s most valuable brand for thirteenth year

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Telecommunications group MTN has been named South Africa’s most valuable brand by Brand Finance for the thirteenth consecutive year, with its brand value steady at R50.9-billion. The Brand Finance award followed MTN Group’s induction in January into the inaugural Brand Africa Hall of Fame, which acknowledges brands that have demonstrated sustained excellence and influence on the continent over the past decade.

World Bank, IMF, IEA to coordinate response to Middle East war's economic, energy impact

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The heads of the International Energy Agency (IEA), the International Monetary Fund (IMF) and the World Bank have announced in a joint statement that they will form a coordinated group to maximise their institutions’ response to the energy and economic impacts of the war in the Middle East. The organisations stated that the Middle East war has caused major disruptions to lives and livelihoods in the region and triggered one of the largest supply shortages in global energy market history.

SA has potential to be real player in the battery energy storage system market

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South Africa has the potential to develop at least one, and maybe as many as three, internationally competitive gigafactories for the manufacture of lithium iron phosphate (LFP) battery cells. This is the conclusion of a recent report undertaken for the non-profit and public benefit Localisation Support Fund (LSF) by Ernst & Young Advisory Services (EY-Parthenon). The biggest market will be the local manufacture of battery energy storage systems (BESS). Need and Demand
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