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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

DBSA eyes bigger energy sector role as Africa seeks bankable infrastructure projects

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State-owned development finance institution the Development Bank of Southern Africa (DBSA) is positioning itself as a key enabler of South Africa’s energy transition and infrastructure development objectives, and its executives highlight the need for more bankable projects, stronger transmission networks and blended finance solutions ahead of this year’s African Energy Forum (AEF), set to take place in Cape Town from June 16 to 19. DBSA programmes group executive Dr Phindile Masangane and DBSA chief investment officer Greg Fyfe each highlight that the institution aims to use the forum to deepen engagement with policymakers, investors and project developers across Africa.

Grid expansion, management critical as South Africa’s electricity sector decentralises

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Improved cost efficiencies, shifts in legislation and policy enablers towards an open market continue to support South Africa’s investment in renewable-energy projects, Standard Bank Corporate and Investment Banking head of power and renewables Rentia van Tonder tells Engineering News. In an interview ahead of this year’s Africa Energy Forum (AEF), to be held in Cape Town from June 16 to 19, she pointed out that, with open access, enabling policies and the emergence of alternative options around energy trading, corporate entities were increasingly shifting their focus to flexibility, cost efficiency and the sustainability of energy supply.

Multilateral and plurilateral models in focus amid global trade ructions

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The growing fragmentation of the global trading system, intensifying geopolitical conflicts and mounting pressure for global trade reforms have reignited debates about the future of multilateralism and the role of plurilateral trade agreements within global intergovernmental body the World Trade Organisation (WTO). These issues formed the core of a recent Trade and Industrial Policy Strategies (TIPS) webinar – held last month under the theme ‘Development Dialogue: Economic Diplomacy in a Changing World’ – during which policymakers, academics and trade experts examined the implications of shifting global trade power dynamics for developing countries, including South Africa.

Mulilo makes further inroads with Hartebeesfontein BESS financial close

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South African independent power producer Mulilo has successfully reached financial close on the Hartebeesfontein battery energy storage system (BESS) project, a 77 MW/308 MWh facility located near Klerksdorp, in the North West. This is Mulilo’s second renewable energy project to be executed within the Matlosana local municipality, which is strategically located near State-owned Eskom’s Hermes main transmission substation.

Creecy urges collaboration, LNG and ports reform at fuels imbizo

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Transport Minister Barbara Creecy has said that South Africa’s logistics recovery and long-term energy security would depend on the closer collaboration between government and the fuels industry, as the country works to reclaim its position as a leading regional transport and logistics hub. Addressing delegates on the second day of this year’s Fuels Industry Imbizo, hosted by industry organisation the Fuels Industry Association of South Africa (FIASA), the Minister described the fuels sector as one of the country’s most strategic industries owing to its role in enabling mobility, supporting trade and logistics and underpinning economic activity.
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