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Gordhan’s IPP renegotiation proposal triggers ‘breach of contract’ warnings
Published: 15 Feb 19
A report indicating that the South African government may seek to renegotiate power purchase agreements (PPAs) concluded with independent power producers (IPPs) in 2011 and 2012 is raising alarm bells within the industry, which is still recovering from a protracted period of uncertainty created by Eskom’s refusal to sign new PPAs between 2015 and 2018. Business Day reported on Friday that Public Enterprises Minister Pravin Gordhan had proposed that contracts concluded during the first two bid windows of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) be renegotiated to “alleviate pressure on Eskom and the electricity tariff”.
Renewable grids present investment opportunity
Published: 15 Feb 19
The recent trend towards the development of renewable energy, including those based on smart grids and microgrids in Africa, has encouraged the establishment of a new renewable energy equity fund. With the Africa Energy Indaba set to take place from February 19 to 20 at the Sandton Convention Center in Johannesburg, long time attendee, international specialist banking and asset management group Investec Bank Limited states that it has noted a significant uptake in localised renewable power generation projects throughout the continent.
Renewables ensure cleaner national energy
Published: 15 Feb 19
The wide-scale adoption of renewable energy projects throughout South Africa will result in a more cost-effective and cleaner national energy supply, says renewable-energy development and management company G7 Renewable Energies. “About 20 years ago, the renewables debate was about environmental considerations and whether it was necessary to introduce cleaner forms of electricity generation,” explains G7 Renewable Energies MD Kilian Hagemann.
New statistics point to renewables playing a role in load-shedding mitigation
Published: 11 Feb 19
Newly released statistics on the performance of South Africa’s small, but expanding, renewable-energy fleet point to a positive contribution from the country’s wind and solar plants during those hours towards the end of 2018 when Eskom resorted to load-shedding. Compiled by the Council for Scientific and Industrial Research (CSIR) Energy Centre, the statistics highlight a particularly strong correlation between the daily generation profile of the country’s 1 479 MW solar photovoltaic (PV) fleet and the times of the day that load-shedding occurred in June, July, November and December.
Business outlines five partnership priorities as it calls for new growth framework Has Video
Published: 29 Jan 19
Business Unity South Africa (Busa) president Sipho Pityana has called for a “new framework for growth” that addresses, through public-private partnerships, the economic risk being posed by high levels of inequality. Speaking at Busa’s inaugural Business Economic Indaba in Johannesburg on Tuesday, Pityana lamented the fact that millions of citizens remained on the margins of the economy, despite South Africa’s gross domestic product having more than doubled over the past 25 years, from $139-billion in 1994 to $315-billion today.
Consultancy plans to expand mining capability
Published: 25 Jan 19
Multidisciplinary engineering and environmental consultancy Knight Piésold aims to expand its mining capability and market share, especially in tailings, as well as assist mines in developing renewable-energy projects in remote areas where grid power is unavailable or unreliable, says Knight Piésold mining technical director Andrew Copeland. He tells Mining Weekly that, in South Africa, the company has a significant advantage over its peers, as it is a Level 1 broad-based black economic empowerment- (BBBEE-) certified, South African-owned company that has a significant global reach through its branch offices across the world.
Modules finalisation nearing completion
Published: 25 Jan 19
The South African Renewable Energy Technology Centre (Saretec) has taken on the custodian role as the national renewable-energy-sector educator and hopes to have finalised all five occupational certificates of the Solar Photovoltaic (PV) Qualification through its collaboration with Manufacturing, Engineering and Related Services Sector Education and Training Authority (Merseta) and Western Cape provincial government (WCPG) by 2020. Saretec currently offers two occupational certificates to students in the solar PV sector, and is the foremost educator in this regard, having trained about 200 individuals in solar-related courses since its inception in 2016. The first occupational certificate allows the student to operate as a solar PV standalone systems mounter, while the second certificate confirms that the student has the skills of a solar PV standalone installer.
Exxaro will present coal investment proposition at Indaba
Published: 25 Jan 19
South African coal and heavy minerals mining company Exxaro Resources will present its coal investment proposition at this year’s Investing in African Mining Indaba. On February 5, Exxaro representatives will present on the main stage at the twenty-fifth annual Investing in African Mining Indaba.
Energy security in Africa remains a concern
Published: 25 Jan 19
Amid a continued lack of access to stable and reliable energy sources in Africa – which are critical in supporting energy intensive mining operations – Zest WEG Group, subsidiary of leading equipment manufacturer WEG, expects the provision of secure energy for the African mining industry to be a topic of great importance at this year’s Investing in African Mining Indaba. Zest WEG Group integrated solutions executive Alastair Gerrard says company representatives will attend the Indaba, with the company hoping to use the event as an opportunity to network with current and potential clients and further tap into the nascent needs of mining houses in Africa.
Cape hotel’s PVT energy system fully operational
Published: 25 Jan 19
The newly installed Solarus energy system on the roof of the 15 on Orange Hotel, in Cape Town, is now fully operational. According to a statement issued on Tuesday, the hybrid photovoltaic and thermal (PVT) project is currently the largest in Cape Town and is a system that provides the luxury hotel with both heat and electricity.
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