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Zest WEG Group achieves Level 1 BBBEE status

By: Simone Liedtke     12th September 2018 Motors and controls manufacturer WEG’s subsidiary, Zest WEG Group, on Wednesday announced that it has achieved Level 1 status under the Broad-Based Black Economic-Empowerment (BBBEE) Codes of Good Practice. The achievement follows just over a year after Zest WEG reached Level 2 status, in... 

SA falling behind on renewable energy 

By: News24Wire      2nd May 2018 South Africa is falling behind on renewable energy project implementation, even as other nations accelerate their plans for green energy. According to data from Greenbyte, a renewable energy management systems manufacturer, SA lags far behind fellow BRICS country China which has 188 232 MW... 

Energy policy certainty needed to bolster manufacturing growth in Africa

By: Anine Kilian     21st February 2018 More policy certainty is required to support energy projects and to build a strong manufacturing sector in Africa, says engineering and infrastructure advisory group Aurecon African market energy director Elekanyani Ndlovu. Speaking as part of a panel discussion at the Africa Energy Indaba on... 

KfW, RMB create specialised debt fund vehicle for small-scale renewables projects

By: Anine Kilian     2nd February 2018 German government-owned KfW Development Bank and Rand Merchant Bank (RMB) on Thursday signed an agreement that establishes South Africa’s first specialised debt fund vehicle for small-scale renewables projects. Known as The Facility for Investment in Renewable Small Transactions (First), this... 

A FIRST for renewable energy funding

9th November 2017 Rand Merchant Bank (RMB) together with KfW Development Bank (KfW) recently closed FIRST (the Facility for Investment in Renewable Small Transactions), a fund originally structured to enable the funding of small renewable energy projects. 

A FIRST for renewable energy funding

6th October 2017 Rand Merchant Bank (RMB) together with KfW Development Bank (KfW) recently closed FIRST (the Facility for Investment in Renewable Small Transactions), a fund originally structured to enable the funding of small renewable energy projects. The fund’s mandate has now been broadened following... 

Smart regulation key to driving renewable energy sector

By: Anine Kilian     14th September 2017 Smart regulation and market stimulation are key drivers for growing the renewable energy sector and help reduce carbon dioxide (CO2) emissions, Finnish Economic Affairs and Employment Deputy Minister Petri Peltonen said on Thursday. Speaking to Engineering News Online on the sidelines of the... 

Pinnacle Holdings acquires majority stake in solar photovoltaic specialists, Solareff

8th December 2015 South Africa’s largest ITC Distribution Group, Pinnacle Holdings Limited is pleased and excited to announce the acquisition of a majority stake in Solareff – a solar power solutions company and solar photovoltaic specialist, thereby securing another pillar of business in a rapidly growing market.... 

Agriculture and energy offer some of the most attractive investments in Africa

22nd September 2015 As well as analysing the most attractive investment destinations in Africa Rand Merchant Bank’s Where to Invest in Africa 2015/2016 report also addresses two of the most under-invested sectors on the continent - power and energy - and looks at the opportunities they offer to investors. In many... 

EnviroServ converting sludge into green energy at Belville facility

By: Kim Cloete     13th August 2014 While solar and wind energy tend to attract the most attention in the renewable energy space in South Africa, developments in biogas could make it an increasingly viable option.  With the help of an international partner, South African waste management company EnviroServ has developed an... 

Company Announcment: Exclusive interview with CEO of Solar Reserve

19th April 2012 Last week Solar Reserve made headlines with their new 200MW CSP project announcement in Colorado. This week CSP Today gained exclusive access with Kevin Smith, CEO of Solar Reserve ahead of him speaking at CSP Today USA 2012 on 27-28 June in Las Vegas 

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