The 4th Annual Meeting of the NDB Board of Governors (BoG) and the 18th Meeting of the NDB Board of Directors (BoD) were held in Cape Town, South Africa on 31 March and 1 April 2019 respectively. At the meetings, members of the Boards noted the achievements of the Bank, including expansion of its business, […]
New Southern Energy completes first floating PV project in South Africa
New Southern Energy has completed the first floating PV project located in South Africa, with the installation operating at a dam next to a fruit farm just outside of Franschhoek in the country’s Western Cape province. The floating PV project has a generation capacity of 60kW and will help produce clean energy to the farm, […]
Eskom Crisis Worries South African Renewable Energy Power Producers
Renewable energy players fear power-purchase deals could be renegotiated. South Africa’s wind industry this month attempted to deflect a threat to renewable energy interests caused by troubles at state utility Eskom. A renegotiation of terms with successful bidders from the first two rounds of the country’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) would […]
South Africa: African Development Bank approves a ZAR 3 billion loan to bolster renewable energy in South Africa
The Board of Directors of the African Development Bank has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Power Project, which is expected to boost South Africa’s energy mix and hasten transition to renewable energy. Located in the Humansrus Solar Park, Northern Cape Province of South Africa, the […]