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African market is opening up to corporate PPAs – Baker McKenzie
Published: 15 Feb 19
At a time when electricity tariffs are increasing and the shift towards greener energy is gaining momentum, law firm Baker McKenzie says Africa is starting to see a surge in the signing of corporate power purchase agreements (PPAs).
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”.
On-The-Air (15/02/2019) Has Audio
Published: 15 Feb 19
African countries are streaking ahead of South Africa on the mining automation front; mining companies are opting for solar power because it is cheaper than Eskom power; and only black-owned companies will be allowed to buy the seven mining operations that are up for sale in Mpumalanga. White-owned companies are excluded.
Harmony Gold and DRDGold make headlines Has Video
Published: 15 Feb 19
Mining Weekly editor Martin Creamer unpacks Harmony Gold rising to President Cyril Ramaphosa's ten-point mining challenge, DRDGold calling Eskom’s grid upkeep problematic and, Harmony looking to solar power and biofuel energy.  
Event set to dissect the future of African energy
Published: 15 Feb 19
The eleventh edition of the Africa Energy Indaba – which will take place at the Sandton Convention Centre, in Johannesburg, from February 19 to 20 this year – will focus on the future prospects and direction of energy on the African continent from an energy provision and investment point of view. “Africa is the next investment frontier for energy. Energy access is now part of the political debate on the continent and there is an increase in political will to provide energy for African countries,” says Africa Energy Indaba MD Liz Hart.
Power utility business models set to change
Published: 15 Feb 19
According to Africa Energy Indaba organiser Siyenza, African power utilities must respond appropriately to impending forces to prevent being surpassed by technological and market change. The organiser explains that several disruptive forces are set to threaten the traditional power utility business model. Distributed power generation, technological advances and changing customer perspectives are amongst some of the major influencers responsible for this transformative change. The organiser stresses that this volatile territory will be of significant focus at this year’s Africa Energy Indaba.
Hospital group’s impressive energy savings journey recognised
Published: 15 Feb 19
Private healthcare company Netcare Group replaced 108 000 inefficient lights and light fittings with modern energy efficient alternatives, and reduced its light-load by 40%, offsetting its hospitals’ carbon footprint by 16 000 t/y of carbon dioxide, says Netcare Group CEO Dr Richard Friedland. The group received the South African Energy Efficiency Confederation (SAEEC) Commercial Energy Project of the Year 2018 award for the project, which delivered energy savings of more than 17 000 000 kWh in the first year of operation.
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.
SA company receives multibillion-dollar contract
Published: 15 Feb 19
Construction and engineering company Clough, a wholly owned subsidiary of South African engineering company Murray & Roberts - and part of the Clough Salini Impregilo Joint Venture (JV) - has been selected as the preferred tenderer for the multibillion Australian dollar civil works for the Australian hydro project Snowy 2.0. The JV, known as Future Generation, tendered on the civil works for the Snowy 2.0 project which are estimated to be worth A$4-billion.
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