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COP29 climate summit host Azerbaijan defends oil and gas investments
Published: 26 Apr 24
Azerbaijan, host of this year's UN climate summit, will defend the right of oil and gas producing nations to invest in the sector, the country's president said on Friday, noting that despite climate targets, fossil fuel demand remains strong. As the host of the United Nations COP29 climate summit in November, Azerbaijan will oversee negotiations among nearly 200 countries on how to raise more finance to combat climate change and reduce the greenhouse gas emissions heating the planet.
Kibo subsidiary progressing Pyebridge asset
Published: 26 Apr 24
Kibo Energy’s subsidiary, Mast Energy Developments (MED), has received official confirmation that its Pyebridge 9 MW flexible power generation asset in England has passed its satisfactory performance days (SPD) requirements under its current existing T-1 capacity market (CM) contract. This means that Pyebridge will retain the current CM contract’s associated yearly gross profit margin income of about £308 000 which is paid and received monthly in arrears.
Namibian Environment, Forestry and Tourism Minister Pohamba Shifeta officially opens the new $1.2-million plastic flaking plant in Okhanja Coca Cola’s Namibia recycling partnership turns bottles into brighter futures
Published: 26 Apr 24
An investment of more than $1.2-million through a partnership between Coca-Cola Beverages Africa (CCBA) and plastic packaging company Plastic Packaging has culminated in the opening of a new polyethylene terephthalate (PET) flaking plant in Okahandja, Namibia. The plant is expected to double the capacity of the only mechanical recycler of plastic waste in the country.
Wind turbines being erected at one of Koruson 1 sites EDF Renewables, partners building 1.2 GW of low-carbon power capacity
Published: 26 Apr 24
EDF Renewables is currently leading the construction of almost 1.2 GW of low-carbon power generation capacity in South Africa, comprised of 763 MW of wind power, 355 MW of solar photovoltaic (PV) and 75 MW of battery storage. This new build programme comprises eight sites across the Northern and Eastern Cape, developed by EDF Renewables and its partners.
Standard Bank mobilises debt fund to support sustainable infrastructure in Africa
Published: 26 Apr 24
Financial services firm Standard Bank has committed to Acre Impact Capital’s Export Finance Fund I to support the financing of sustainable projects in Africa. Acre Impact Capital manages Export Finance Fund I, which seeks to invest in climate-aligned and sustainable infrastructure projects in renewable energy, health, food, water security, sustainable cities and green transportation, thereby providing access to essential services to predominantly underserved communities across the continent.
The above image depicts Fargo Steel Fabrication’s recently purchased Amanda Tube Laser has allowed the company to enter new markets, with the constant purchase of new machinery diversifying its capabilities, benefitting clients and markets
Fabricator offers one-stop solution
Published: 26 Apr 24
Turnkey steel service centre Fargo Steel Fabrication aims to streamline the complexities that occur during engineered projects by eliminating the need for companies or individuals to utilise multiple service providers to complete a project. “With our team of highly-skilled individuals, we have implemented several processes that ensure the product arrives at the customer’s door with outstanding precision and quality,” explains Fargo Steel Fabrication manager Andrea Giammartini.
The abive image depicts the BMG Kabelschlepp cable carrier installation New cable carriers ideal for harsh conditions
Published: 26 Apr 24
Tsubaki chain, power transmission and motion control products distributor BMG supplies and supports Tsubaki Kabelschlepp cable carriers that have been developed to withstand operation in many industries, including highly corrosive environments. “The Kabelschlepp solution is ideally suited for use in harsh metal fabrication conditions, for coil transfer cars and steel handling,” states BMG power transmission division business unit manager Carlo Beukes.
The above image depicts the team at Weba Chute Systems discussing a design Firm reports on successful global turnkey projects
Published: 26 Apr 24
With the promise that its customised transfer point solutions will always perform to expectations, transfer chute technology provider Weba Chute Systems tackles its turnkey projects in a highly systematic and controlled manner. The company has successfully carried out more than 25 turnkey projects in the past decade, including contacts in the mining, steel, ports and food industries, says Weba Chute Systems project manager Ted Cruickshank.
An image of a C4A cylinder Local supplier establishes LPG division
Published: 26 Apr 24
Eligible small- and medium-sized enterprises (SMEs) in South Africa will benefit from cylinder manufacturer Cylinders4Africa’s (C4A’s) establishing a liquefied petroleum gas (LPG) bulk tank supply division, which is set to start operations in May 2024. The company will also be involved in the opening of three gas retail sites – a project spurred by its sister company Gas Brand, in partnership with hardware store Build It – to make gas more accessible to consumers in rural communities.
An image of the CNG Holdings site in Langlaagte Compressed natural gas to benefit S African business
Published: 26 Apr 24
Despite ongoing concerns about gas shortages, regulatory uncertainty, geopolitical constraints and infrastructure limitations, using compressed natural gas (CNG) for various business and industrial purposes will become more important in South Africa, says energy company CNG Holdings CEO Josua le Roux. This is owing to the various benefits associated with using CNG as a fuel resource in power generation and industrial applications, including for transportation and manufacturing purposes.
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