News

IDC wants to revive Coega wind energy project

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

WIND ENERGY INDUSTRY ANTICIPATE THE SIGNING OF OUTSTANDING PPAs

The South African Wind Energy Association (SAWEA) together with the broader renewable power sector anticipate the conclusion of the 26 outstanding power purchase agreements (PPAs) in the first quarter of 2018. 

The majority of the processes that precede the finalisation of the PPA’s were fulfilled by the IPP Office and the Preferred Bidders during mid-December. The Minister of Public Enterprises is now required to provide her approval in terms of section 54(2) of the Public Finance Management Act so that the Department of Energy (DoE) can conclude Direct Agreements with preferred bidders.READ MORE

SA’s renewables production costs minimised at high penetration levels, NREL study shows

Preliminary Findings of the South Africa Power System Capacity Expansion and Operational Model Study (2.38 MB) Download

A new independent study published by the National Renewable Energy Laboratory(NREL), in the US, concludes that significant production cost savings could be achieved if South Africa added between 60 GW and 100 GW of additional variable renewable energy (VRE) by 2035.

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South Africa’s Electricity Choice

The South African government’s obsession over the past decade with nuclear power may finally come to an end with a new president and administration committed to restoring good governance and securing reliable electricity supply at least cost to support economic growth and development…

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Wind farm launches shared learning project

TWO students that graduated with Honours in Development Studies from the Nelson Mandela University have undertaken to focus their theses on Jeffreys Bay Wind Farm’s Enterprise Development Programme.

The wind farm made scholarships available for students who wanted to read for their Masters in Development Studies, with the explicit purpose of understanding the impact of their beneficiary programmes on communities.READ MORE