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Tuesday, September 21, 2021

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Tag: Renewable Energy

‘Transition to renewables faster or pay the price’

South Africa’s energy sector needs urgently to transition fully to renewable energy options ahead of looming deadlines by major markets, including the EU and US, which will, in the next decade,...

State appoints three more preferred renewable energy bidders

THE GOVERNMENT yesterday announced the appointment of three additional preferred renewable energy bidders in a bid to add a total of 150 megawatts (MW) to the national grid. Norway-based Scatec was awarded...

IDC grows its funding footprint in renewable energy space

THE INDUSTRIAL Development Corporation (IDC) said yesterday that its funding of black-owned Pele Green Energy, which is involved in South Africa’s largest renewable energy project, Redstone, underscored its “commitment to transformation”...

Eskom widens its funding search to sukuk market

South Africa’s indebted power utility Eskom Holdings plans to issue a R1 billion sukuk bond as it tries to diversify funding sources to reduce borrowing costs. Eskom has appointed a lead arranger...

Patrice Motsepe’s company gives renewable energy start-up a R50 million boost

South African blockchain-based renewable energy start-up SunExchange has raised $3 million (R50.28m) from a company backed by one of the country’s richest businessmen, the firm said on Tuesday. SunExchange, which allows people to...

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In the years ahead, what is your ambition for your business?

Making the most out of your economic prime, needs focused attention and action. With this in mind, what is your medium or long-term ambition for...

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