South Africa’s latest renewables procurement window for 2.6GW of capacity has received bids from 102 potential project developers, including 63 solar projects, according to the country’s Department of Mineral Resources and Energy (DMRE). Launched earlier this year with the intention of procuring 1GW of solar PV and 1.6GW of wind, the tender represents Bid Window 5 […]
South Africa Aims to Bring Pilot Carbon Capture Project Online in 2023 – EQ Mag Pro
Releasing around 470 million tonnes of carbon dioxide (CO2) a year, South Africa is the continent’s biggest emitter of greenhouse gases, and coal provides the bulk of its electricity CAPE TOWN: South Africa has started geological mapping at the country’s first carbon capture and storage (CCS) site, where it plans to inject vast quantities of […]
South Africa: Fortress Launches Bonds For 5.8 MWP of Solar Power
Listed property investment company Fortress is issuing sustainable bonds with a total value of almost $70 million. The company will use the funds to install solar photovoltaic systems for its property assets in South Africa. The sustainable bonds launched by Fortress REIT are listed on the Johannesburg Stock Exchange (JSE). The property investment company is […]
South Africa’s Absa, African Rainbow Launch Renewables Investment Platform
Johannesburg-based bank Absa Group Ltd (JSE:ABG) has joined forces with clean energy solutions provider African Rainbow Energy and Power (AREP) to create a new African-led renewables investment platform with some ZAR 6.5 billion (USD 443m/EUR 377m) of gross assets. The bank said it would make an initial investment of ZAR 500 million in cash, and […]
Five Solar PV Financing Options For C&I Businesses in South Africa
With the adoption of solar PV systems by commercial and industrial businesses now mainstream, the most significant consideration for companies is selecting the most appropriate financing option for their project. Charl Alheit, chief investment officer at SolarAfrica, looks at five options: PPAs, fixed roof rentals, lease agreement/equipment rental, upfront capital investment, and bank financing. As […]
South Africa: Boikanyo Solar Power Plant (50 MWp) Starts Commercial Operations
The Boikanyo solar photovoltaic power plant is starting its commercial operations in South Africa. The plant in the Northern Cape Province has a capacity of 50 MWp. This power is fed into the grid of the state-owned company Eskom. The good news in South Africa’s dynamic renewable energy sector is increasing. The capacity of the […]
DBSA Opens Call For Proposals For Embedded Generation Investment Programme in South Africa
Calling all private sector entities, local government municipalities and energy developers to submit proposals for the Embedded Generation Investment Programme (EGIP) for South Africa. 3 August 2021, Johannesburg, South Africa – The Development Bank of Southern Africa, (DBSA) is inviting all private sector entities and energy developers to submit proposals in response to South Africa’s […]
SOUTH AFRICA: Recycler Extrupet Acquires a 1.3 MWP Solar Power Plant
Extrupet is equipping its plastic bottle recycling centre in Wadeville with a 1.3 MWp solar power plant. The installation provides 79% of the recycling plant’s annual energy needs. Extrupet is taking another step towards sustainable environmental solutions. The plastic bottle recycling company is equipping its Wadeville plant in Johannesburg with a 1.3 MWp solar power […]
Vattenfall Unveils Latest Solar Racer
The Nuna11 is a tricycle with two wheels are on the right and one wheel on the left. The Vattenfall Solar team has unveiled its latest solar vehicle, the Nuna11, which is a tricycle with an inclined solar collector. Vattenfall said the third wheel is arranged in an unusual way, which the team hopes will […]
Outdated Thinking And Reactionary Rules Hold Back Electricity Supply in South Africa
When it comes to domestic, grid-tied, rooftop solar photovoltaic systems in South Africa, as with so many other aspects in the country’s electricity supply industry, outdated thinking and reactionary rules are holding back the supply of electricity in misguided efforts to protect the incumbent monopolies. Even municipal electricity distributors in South Africa considered to be […]