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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

South African rand slips in early trade; US-Iran talks in focus

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The South African rand was marginally weaker in early trade on Friday, with its future direction likely to be determined by the outcome of weekend talks between the US and Iran in Islamabad. At 0606 GMT the rand traded at 16.42 against the dollar, about 0.1% weaker than its previous close. Despite the modest fall, the risk-sensitive currency was set to end the week more than 3% stronger versus the dollar.

Vodacom calls for collective action to decarbonise Africa’s digital economy

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A new research report published by telecommunications group Vodacom highlights Africa’s high vulnerability to climate change, with decarbonisation efforts hampered by critical energy challenges. The White Paper, 'Decarbonising Africa’s Information and Communications Technology (ICT) Sector', shows that weak grid infrastructure, financial constraints within utilities, complex regulatory environments and unreliable electricity supply continue to slow the adoption of renewable energy across the continent.

More intentional effort and coordination needed to avert gas crisis

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Amid rising concern about potential industrial disruption when South Africa’s natural gas supply from Mozambique runs out, coupled with awareness of the need to introduce stable baseload energy as coal-fired plants are decommissioned, experts agree that a far more coordinated effort is required to develop gas import infrastructure and gas-to-power capacity in the country. Against this backdrop, there is broad consensus that South Africa will inevitably need liquefied natural gas (LNG) imports to replace pipeline natural gas. However, infrastructure delays, slow procurement processes, regulatory uncertainty and legal challenges are significant bottlenecks.

Coega, Eskom to ensure new nuclear build leads to inclusive growth, skills development

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State-owned special economic zone (SEZ) developer the Coega Development Corporation (CDC) and State-owned Eskom have established a three-year strategic framework for cooperation in support of South Africa’s Nuclear New Build Programme (NNBP). The two State-owned entities will collaborate across key focus areas, including infrastructure development, industrialisation and localisation, regulatory and site readiness, skills and supplier development, logistics coordination and socioeconomic investment initiatives.

Expo underscores importance of LPG for clean cooking, energy security

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Liquefied petroleum gas (LPG) is a clean, scalable and easily deployable solution for energy, and it also enables flexibility, which can bolster energy security at a time of heightened geopolitical tensions and, therefore, this must be pursued as part of a diverse energy mix. This was indicated by speakers during the first day of the LPG SA sub-Saharan Africa LPG Expo, being held this week in Sandton.
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