In Short : Candi Solar plans to develop 200 MW of solar projects in India and South Africa by June 2025. This expansion reflects the company’s commitment to boosting renewable energy capacity in emerging markets, contributing to the global transition towards sustainable energy. The projects are expected to significantly enhance solar power infrastructure in both […]
India, South Africa have highest share of population below “economic empowerment” line among G20 nations: Report – EQ
Even as the economic centres are likely to shift in the future, G20 economies currently have wide and varying trends on sustainability and inclusion. New Delhi : India, China and Indonesia will be three of the five economies with the world’s largest working-age populations among G20 countries by 2030. This highlights the fact that the […]
Scatec closes transaction to divest Upington solar plants in South Africa – EQ Mag
Oslo/Cape Town : Scatec ASA, a renewable energy frontrunner in emerging markets, today closed the previously announced transaction to divest the Upington solar plants in South Africa. The gross consideration for divestment of Scatec’s 42% equity-share in the 258-megawatt (MW) plants is ZAR 973 million (NOK 546 million). As previously communicated the proceeds will be […]
Solis Launches New Hybrid Inverter Range With Enhanced Power Outage Functionality – EQ Mag
A Game-Changer for Energy Security and Continuity in South African Households and Businesses Johannesburg, South Africa : Ginlong (Solis) Technologies, one of the most experienced and largest inverter producers in the world, is launching its new S6 Advanced Power Hybrid Inverter, exclusively for South Africa, at the Solar Show Africa 2023in Johannesburg from 25th – […]
‘Hydrogen Valley’ in South Africa could be a $9 billion light in the growing dark – EQ Mag
The “Hydrogen Valley” project is a beacon of light in the transition to a low-carbon economy, says Jackwell Feris, a commercial expert from Cliffe Dekker Hofmeyr (CDH). Through the Just Energy Transition Investment Plan, R1.5 trillion will be invested in the South African economy over the next five years in new frontiers such as renewable […]
Energy storage and the energy transition – EQ Mag
The bulk of her time is taken up with carbon project development and trying to encourage a circular economy in South Africa. “Energy is the low hanging fruit to creating to stimulus to encourage reinvestment into water nexus and reforestation and all the other waste areas we should be looking at,” said Dean. Through her […]
Ford executive says South Africa needs EV policy within six months – EQ Mag
Ford Africa head says it needs immediate policy certainty Says it would take around four years to plan investments Wants clarity on specific support in auto masterplan JOHANNESBURG : The Africa head of Ford Motor Co (F.N) said the South African government must deliver policy certainty on electric vehicles (EVs) within six months to save […]
S.Africa will need $500 bn to reach net zero: World Bank
South Africa, one of the world’s largest greenhouse gas emitters, will require at least half-a-trillion dollars to achieve carbon neutrality by 2050, the World Bank said Tuesday. “Financing requirements associated with the transitions could amount to 4.4 percent of GDP per year — or 8.5 trillion rand (about $500 billion)” between this year and 2050, […]
Eskom signs land lease agreements with independent clean power generators for 2 GW in South Africa – EQ Mag Pro
In response to the President’s call for “an ambitious, bold and urgent response to the energy crisis”, Eskom today signed lease agreements with four independent power producer investors for the commercial lease and use of land parcels at two of its power stations in Mpumalanga province for the construction of new clean energy generation capacity. […]
Richards Bay Minerals (Rio Tinto Group) and Voltalia ink a 148-megawatt solar corporate power purchase agreement in South Africa – EQ Mag Pro
Voltalia (Euronext Paris, ISIN code: FR0011995588), international player in renewable energies, announces that it has concluded a CPPA1with Richards Bay Minerals (RBM), international leader in mineral sands extraction, subsidiary of Rio Tinto, for the largest renewable energy site dedicated to a corporate client in South Africa. The power purchase contract was signed after a process […]