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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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South Africa plans jail time, fines under new emissions rules

South Africa will seek jail time, fines and higher taxes for breaches of proposed rules to govern carbon emissions that will apply to almost all sectors of the economy. The proposed regulations, due to take effect at the beginning of next year, will see the setting of so-called carbon budgets for emitters of climate-warning greenhouse gases. A failure to meet reporting requirements could see executives imprisoned, while exceeding emission limits may trigger a higher carbon-tax rate. “We are the only ones that have this price across our whole economy” with the exception of waste and agriculture, said Jarredine Morris, co-head of the Africa Office of Carbon Trust, a carbon emissions consultancy. It will mean “we really have a way to have industry to start to do things rather than kick the can down the road,” she said.

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