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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

$500m Credit Guarantee Vehicle to be launched in time for first private grid projects

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The National Treasury has confirmed that it will inject 20% of the $500-million initial funding required to set up the Credit Guarantee Vehicle (CGV) being established to derisk South African public infrastructure projects that will be built by private investors without recourse to any government guarantees. The CGV will be set up as a private non-life insurance company, regulated by the Prudential Authority, in July 2026; a timeline that is aligned to the scheme supporting the first independent transmission projects (ITPs) that will be procured in the coming months.
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