January 2021

WIND TO POWER ECONOMIC INVESTMENT

December 2020

The South African Wind Energy Association (SAWEA) estimates that the sector will unlock annual investment of R40 billion for the next decade, on the assumption that smooth procurement and policy will deliver in line with the country’s 2019 Integrated Resource Plan (IRP).  However, should the government deliver on its commitment to implement an Independent Transmission Grid System and Market Operator (ITSMO), as indicated by Public Enterprises Minister, Hon. Pravin Gordhan, this sector could become a major economic driver, stimulating not only local investment, but much sought after foreign capital too through available ‘Green Financing’.READ MORE

#BizTrends2021: Just energy transition will continue to accelerate

By Ben Brimble

The energy sector in South Africa has changed more in the last decade than perhaps any industry, and arguably will change even more in the next decade. Deregulation, the introduction of independent power producers’ (IPPs), requirements around carbon emissions, and the rapid fall in renewable tariffs have resulted in a material shift away from fossil fuels. This just energy transition (JET), as it is known around the world, has been accelerated by Covid -19 and herein lies an opportunity for this transition to be used as a tool, one of several in government’s toolbox, to kick-start the economy.READ MORE

REDZ ROLE IN SOUTH AFRICA’S JUST ENERGY TRANSITION

Renewable Energy Development Zones (REDZ) have a key role to play in the South Africa’s Just Energy Transition, creating priority areas for investment in the electricity grid and increasing South Africa’s green energy map, by enabling higher levels of renewable power penetration.READ MORE

BIOTHERM ENERGY END 2020 ON A HIGH NOTE

7 January 2021, Swellendam

Pan-African renewable power producer company, BioTherm Energy, backed by leading emerging market investor Actis, has announced the official operations of its Excelsior Wind Energy Facility at the end of 2020. This marks the completion of its third Independent Power Producer (IPP) in South Africa in 2020 as part of the fourth round of the Government’s Renewable Energy Independent Power Producer Procurement Programme, boasting a combined generating capacity of 165MW of the country’s renewable energy production.READ MORE

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