Solar PV installation to supply up to 45% of voesalpine VAE’s electricity needs
Engineering News – ONLINE 06 August 2014 A 353 kW solar photovoltaic (PV) plant at turnout systems company voestalpine VAE South Africa’s Isando premises would supply between 40% and 45% of the company’s daily electricity requirements, CEO David Marite said. He said that the company had in
Nedbank Capital set to raise energy exposure to cater for baseload
Engineering News – ONLINE 05 August 2014 The investment banking business of Nedbank, which has a R20-billion exposure to South Africa’s renewable-energy market, expects to significantly increase funding limits in the South African energy space to create capacity for involvement in the upcomi
EIB, DBSA sign R1.4bn solar financing deal
Engineering News – ONLINE 06 August 2014 The Development Bank of Southern Africa (DBSA) has signed a R1.4-billion finance contract with theEuropean Investment Bank (EIB) to support the development of the 100 MW !KaXu concentrated solarpower (CSP) project, in the Northern Cape. Engineering an
Solar PV training for installers
Engineering News – ONLINE 01 August 2014 SUNCybernetics will be hosting its solar PV introductory training course at the Solar Training Center of SA,North West University, Potchefstroom on Thursday, 25 September 2014, from 10h00 to 16h00 at a cost of R1,500-00 per person. SUNfarming Germany,
SA says no Eskom privatisation despite US$21m debt
ESI AFRICA.COM 06 August 2014 In South Africa, the government has ruled out privatising state-run electricity supplier Eskom to solve the utility’s funding shortfall of ZAR225 billion (US$21 billion), Bloomberg reports. Public enterprises minister Lynne Brown said in a statement that “it would be a gr
Bondholders should price in Eskom ‘status quo’, as Brown dismisses privatisation option
Engineering News – ONLINE 5 August 2014 Public Enterprises Minister Lynne Brown described the debate around the privatisation of Eskom as “misguided”, while an analyst urged Eskom bondholders to price in the “status quo” rather than to anticipate any near-term break-up of the State-owned e
$80m solar PV factory officially opens in Cape Town
Engineering News – ONLINE 05 August 2014 China-based solar photovoltaic (PV) giant, Jinko Solar, has officially opened a state-of-the-art factory in Cape Town, creating 250 jobs and producing 1 300 solar PV modules a day. It’s the NYSE-listed company’s first manufacturing plant outside Chin
City of Cape Town gets energy boost with new 1.2 MW private rooftop solar plant
Engineering News – ONLINE 29 July 2014 A 1.2 MW solar photovoltaic (PV) plant, positioned on the rooftop of a Cape Town office block, would feedexcess electricity into the City of Cape Town’s electrical distribution network. The Black River Park solar project would sell electricity back t
Solar revenues set to rise, but supportive policy seen as key driver
Engineering News ONLINE 25 July 2014 Global revenues from solar energy operations could double from $59.84-billion in 2013 to $137-billion in 2020, new analysis from Frost & Sullivan shows. The consultancy’s ‘Global Solar Power Market’ report says the total global installed solar photovoltai
Financial close for third window renewables projects shifted to November
Engineering News – ONLINE 21 July 2014 Financial close for bid window three under South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) has been extended from the end of July to November, Energy MinisterTina Joemat-Pettersson revealed on Monday. Deliver
