The South African Wind Energy Association (SAWEA), together with the broader renewable power sector, are today celebrating Minister Radebe’s confirmation that the country’s renewable procurement programme will resume. The Energy minister has set a firm date for the conclusion of duly procured power purchase agreements (PPAs): Tuesday March 13th, 2018.
Installations in the global wind energy market remained above 50 GW in 2017, with Europe, India and the offshore sector having had record years.
The Global Wind Energy Council (GWEC) on Wednesday released its 2017 market statistics, which highlighted a decrease to 19.5 GW for Chinese installations. The rest of the global market made up the balance of 30.5 GW.READ MORE
PE firm among those relieved by signing off on deals
The Eastern Cape’s renewable energy industry is poised to introduce hundreds of gigawatts into the national grid after the government gave the go-ahead for a raft of new renewable power projects around the country.
This follows more than a year of crippling uncertainty for the wind energy industry.
Isibabalo Business Services and Mpendulo Savings, an NPO based in Jeffreys Bay, are working together to increase the support to local entrepreneurs and small community start-ups, a collaboration to which Jeffreys Bay Wind Farm has pledged their support.
“This is a perfect alliance, as Mpendulo Savings focuses on strengthening the economic resilience of vulnerable families and marginalised community members through savings groups, whilst Isibabalo extends this service to provide business support services to local entrepreneurs,” said Hlengiwe Radebe, Economic Development Director of Jeffreys Bay Wind Farm.READ MORE
Johannesburg – The Industrial Development Corporation (IDC) is looking for a strategic equity partner to resuscitate a R500 million failed wind energy project at the Coega special economic zone near Port Elizabeth.
The project was derailed because government and Eskom halted the signing of new power purchase agreements.READ MORE