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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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R5.2bn Red Rocket solar park first and only project to emerge from Eskom’s land lease scheme

South African independent power producer (IPP) Red Rocket has reached financial close on a 300 MW solar PV project, which will be built at a cost of about R5.2-billion on land leased to it by Eskom. The Tournee Solar Park is in close proximity to the Tutuka coal-fired power station, in Mpumalanga, and construction is expected to take 24 months to complete, with commercial operation anticipated in the fourth quarter of 2027.

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