Category: general

IEP should unequivocally prioritise renewables, energy expert argues

Posted on 08/19/14 in general, General News, No Comments

Engineering News – ONLINE 15 August 2014 Describing South Africa’s Integrated Energy Plan (IEP) as lingering in a state of limbo, energy policy expertRichard Worthington said on Friday that any long-term energy plan should “immediately and ambitiously” prioritise the deployment of renewable-energy (RE) technologies in the short term and increase the share of renewable resources in the energy mix as extensively as possible in the long term. “There is […]

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Power system to be ‘extremely tight’ during Monday evening peak

Posted on 08/12/14 in general, General News, No Comments

Engineering News – ONLINE 11 August 2014 South Africa’s power system was expected to be “extremely tight” over Monday’s evening peak owing to the cold weather, with demand forecast at 33 675 MW, while available capacity – including open-cycle gas turbines (OCGTs) – would be only 33 600 MW, State-owned power utility Eskom said in its biweekly status bulletin. Current planned maintenance for Monday […]

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IDC funding for green projects totals R14bn

Posted on 08/12/14 in general, General News, No Comments

Engineering News – ONLINE 11 August 2014 Since the inception of the New Growth Path in November 2010 – in which South Africa’s renewable energy ambitions are defined – development finance institution, the Industrial Development Corporation (IDC), has funded 54 green projects in the solar, wind, renewable energy and green technology sectors, committing some R14-billion to these emerging industries. In a written response to a question […]

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Brown says decision on Eskom CEO, bailout will be made within weeks

Posted on 08/11/14 in general, General News, No Comments

Engineering News – ONLINE 07 August 2014 Public Enterprises Minister Lynne Brown says she has made a decision on her preferred candidate for the position of CEO of Eskom and will present the name at the next Cabinet meeting for approval. She indicated that a Cabinet committee would deliberate on the appointment next week and that the appointment would be […]

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EIB to provide R1.1bn in funding for Northern Cape CSP project

Posted on 08/11/14 in general, General News, No Comments

Engineering News – ONLINE 07 August 2014 State-owned power utility Eskom and long-term lending institution, the European Investment Bank (EIB), have signed a new R1.1-billion, or €75-million, finance contract to support a 100 MW concentrating solarpower (CSP) plant, to be established near Upington, in the Northern Cape. The CSP project was being cofinanced by the African Development Bank, Agence Française de Développement, the Clean Technology Fund, German government-owned development […]

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Solar PV installation to supply up to 45% of voesalpine VAE’s electricity needs

Posted on 08/07/14 in general, General News, No Comments

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 invested about R8-million in the plant, which was officially launched and connected on Wednesday.  PV […]

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Nedbank Capital set to raise energy exposure to cater for baseload

Posted on 08/07/14 in general, General News, No Comments

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 upcoming coal and gas baseload programmes. Nedbank Capital head of infrastructure, energy and telecommunications Mike Peo tells Engineering News Online that the success of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) has raised confidence among […]

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EIB, DBSA sign R1.4bn solar financing deal

Posted on 08/07/14 in general, General News, No Comments

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 and technology company Abengoa is developing the plant near the town of Pofadder.  The facility will collect solar energy using parabolic-trough technology and convert it into electricity in the […]

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Solar PV training for installers

Posted on 08/07/14 in general, General News, No Comments

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, in association with the North-West University, Faculty ofEngineering, established the Solar Training […]

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SA says no Eskom privatisation despite US$21m debt

Posted on 08/06/14 in general, General News, No Comments

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 grave mistake to privatise this critical player in the economy. […]

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