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Energy

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Why SA’s Energy Crisis Is Our Biggest Problem – An International Finance Expert Comment in a Q&A

Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. Johannesburg, 6 February 2023: South Africa’s energy crisis is at the forefront of everyone’s minds, with many wondering if it can be fixed at all. Fred Razak, Chief Trading Strategist at CMTrading takes a closer …

Inverters Are An Important Component In Many Renewable Energy Systems

Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. What is an inverter? An inverter is a device that converts direct current (DC) electricity into alternating current (AC) electricity. Inverters are commonly used in a variety of applications, including powering AC devices from DC …

Uber and Nissan partner with Africa’s Green Economy Summit as World Bank’s John Roome heads up outstanding line-up in Cape Town in Feb

Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. The organisers of Africa’s Green Economy Summit, taking place in Cape Town from 22–24 February, have announced that global mobility giant Uber and car manufacturer Nissan will be official partners of the event. In addition, …

How Much is Eskom Losing in Turnover During Loadshedding?

Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. Is a figure of R130 Million too low or too high? Is this sustainable when a business is already in crisis? We are all familiar with the fact that loadshedding is expensive – for the …

Ditch the 4×4 – THIS Solar 5×5 is Much Cheaper and Has a Much Higher ROI

Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. Let’s first warn sensitive readers that we will be using two South African swear words extensively in this article: Eskom and Loadshedding. If you have a weak heart or are prone to uncontrolled bursts of …

Pandor hopes SA will learn from Greece’s renewables-based energy system

International Relations and Cooperation Minister, Dr Naledi Pandor, believes that the experience Greece has acquired over time in green power resources would be of immense value to South Africa as the country diversifies its own energy. This comes as government announced a series of interventions aimed at solving the country’s worsening power crisis and expanding …

The United States Releases Signed Memorandum of Understanding with the Democratic Republic of Congo and Zambia to Strengthen Electric Vehicle Battery Value Chain

Media NoteOffice of the SpokespersonJanuary 18, 2023 Today, the Department of State released the signed Memorandum of Understanding (MOU) on electric vehicle battery value chains signed by the United States on December 13, 2022, during the Africa Leaders Summit. Through this MOU, the United States will support the commitment between the Democratic Republic of Congo …

Government working on energy relief package for small businesses

The Department of Small Business Development is working on an energy relief package for the Small, Medium and Micro Enterprises (SMMEs) with stakeholders to alleviate the devastating impact of load shedding on small businesses. SMMEs are particularly hit hard by continued power outages as many cannot afford alternative power sources such as generators. They are …

Wine Farm Reacts To Ongoing Power Crisis In South Africa

Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. DARLING, 18 JANAURY 2023 – Groote Post Wines, a producer of premium wines on the Cape West Coast, is one of several South African wine producers that are feeling the effects of the ongoing load …

South Africa’s Upcoming Licensing Rounds Set to End Loadshedding for Good

In an exciting move by its Department of Mineral Resources and Energy, South Africa is taking critical steps towards opening up both on- and offshore licensing rounds, laying the foundation for energy security and self-sufficiency to follow. While environmental activists have sought to restrict South Africa from monetizing its oil and gas resources, the country’s …

Oil Giant Purchases Renewable Energy Supplier

Daystar Power, a West African provider of hybrid solar power solutions to commercial and industrial (C&I) businesses, today announced the completion of its acquisition by Shell following the approval of regulatory authorities. The acquisition will allow Daystar to grow its operations in the region, while expanding across the African continent. “We are thrilled about the …

$10 Million grant to support Tulu Moye Geothermal Resource Development

The Board of Directors of the African Development Bank Group has approved a $10 million reimbursable grant from the Sustainable Energy Fund for Africa (SEFA) to support a geothermal drilling program that will add 50 megawatts of renewable energy to Ethiopia’s power system. The Tulu Moye Geothermal Operations PLC (TMGO) project entails developing and operating …

DMRE signs 13 renewable energy agreements

The Department of Mineral Resources and Energy (DMRE) has signed agreements with 13 renewable energy providers under Bid Window 5 of government’s Renewable Energy Independent Power Producers Procurement Programme (REIPPP). At least six more preferred bidders under Window 5 are yet to close and are in discussions with the department to conclude procurement. These projects …

Montfort enters South African energy market with New Age Energy acquisition

T10 Goes Global as it Makes Grand Arrival on Sri Lankan Shores With Lanka T10 League Colombo, December 2022 : Cricket’s fastest format, the T10, is spreading their… Submit your Press Release for free to MyPR here: MyPR Free Press Release Submission.

Three Phase Prepaid Electricity Meter Installation

Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. Large commercial and industrial premises invariably offer three phase Eskom or Municipal electric power as standard to business. There is a growing move to sub let sections of a larger commercial and industrial premises to …

The Ideal Resource Namibia and South Africa can offer Germans for Security

With German Economy Minister Robert Habeck seeking help from Namibia and South Africa to ensure Germany’s energy security, the African Energy Chamber believes natural gas is the ideal resource that will also drive socioeconomic development and enable green hydrogen market expansion in Africa. German Economy Minister Robert Habeck has embarked on a five-day tour to …

Why Installing Solar Panels on an Asbestos or Cement Roof is a Bad Thing!

Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. With loadshedding and the high price of electricity driving more and more people to install solar solutions on their roofs we are finding more and more clients wanting to install systems on roofs that are …

SA needs R1.5 trillion for Just Energy Transition

South Africa requires an initial funding of about R1.5 trillion to transition to a low carbon and climate resilient society for the five-year period 2023–2027, says Presidential Climate Commission (PCC) Commissioner Joanne Yawitch. Addressing a hybrid Special Sitting on Understanding the contents of South Africa’s Just Energy Transition Investment Plan (JET-IP) on Thursday, Yawitch said …

Get The Right Inverter from Geewiz

 Landmark Energy Collaboration Delivers First-Class Electricity To Remote Eastern Cape Community A first-of-its-kind renewable energy project by the Eastern Cape Province… Submit your Press Release for free to MyPR here: MyPR Free Press Release Submission.

Driving the Clean Energy Transition: A Progress Report on Implementing U.S. Efforts to Advance Clean Energy

Media NoteOffice of the SpokespersonNovember 18, 2022 The United States is committed to tackling the climate crisis through the deployment of cost-cutting clean energy technologies at home and abroad. As countries gathered for “Energy Day” at the 27th Conference of the Parties to the UN Framework Convention on Climate Change (COP27) in Sharm el-Sheikh, the …

Gordhan Holds Urgent Meeting With Eskom board

Public Enterprises Minister, Pravin Gordhan, has held an urgent meeting with the Eskom board. This comes after the power utility on Sunday announced it would implement Stage 4 and 5 load shedding after it experienced more breakdowns at its power stations over the weekend. The Department of Public Enterprises (DPE) in a statement said Gordhan …

Stage 4 load shedding until further notice

Eskom says Stage 4 load shedding will be implemented until further notice. The power utility explained that the intensified rotational power cuts are due to a high level of breakdowns at power stations, delays in return to service and the depletion of emergency reserves. “Since Friday morning a generating unit each at Kendal and Kriel …

Hyundai Home: Easy and Efficient Home Electrification Now Available

Hyundai Home Officially Launching in 16 States Brings Solar, Energy Storage and EV Charging to Hyundai Customers in One Solution Electrum Energy Advisor Guides Homeowners Through Personalized Purchase Process LOS ANGELES, Nov. 17, 2022 – Hyundai continues its evolution as a Smart Mobility Solution Provider with the consumer availability of Hyundai Home. Hyundai Home gives homeowners …

 Landmark Energy Collaboration Delivers First-Class Electricity To Remote Eastern Cape Community

Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. ViP visits the Upper Blinkwater project A first-of-its-kind renewable energy project by the Eastern Cape Province and State of Lower Saxony, which has helped to fast-track the electrification of an Upper Blinkwater community, has been …

900 Million Africans Rely On Solid Biomass For Cooking

In turn the biomass such as firewood and charcoal causes indoor pollution that kills 600,000 people a year. A kettle boiled twice a day by the rich and luxurious family of radical leftist group Extinction Rebellion’s Chloé Farand in France, uses five times as much electricity as an entire Malian family uses per year. 900 …

2022 Confirmed As Most Intensive Load Shedding Year To Date – Csir

The Council for Scientific and Industrial Research (CSIR) announced on Monday that September 2022 recorded more load shedding than the whole of 2020. “September 2022 was an exceptionally high month in terms of load shedding. The year 2022 is the first year that the majority of load shedding has not been Stage 2, it was …

Grant funding also needed for energy transition

Presidential spokesperson Vincent Magwenya says South Africa will need funding in the form of grants in order to implement the Just Energy Transition. He was speaking during the weekly presidential media briefing in Pretoria on Sunday. Magwenya revealed that South Africa will need at least R1.4 trillion over five years to transition from high to …

COP27: MCC, USAID Partner to Scale-Up Green Finance in Developing Economies

DFC Delivers on U.S. Climate Finance with More Than $2.3 Billion Committed for Climate-Linked Projects in FY 2022 U.S. International Development Finance Corporation Press Release Sharm El-Sheikh, Egypt November 9, 2022 Announcement comes at signing of retainer letter… Submit your Press Release for free to MyPR here: MyPR Free Press Release Submission.

DFC Delivers on U.S. Climate Finance with More Than $2.3 Billion Committed for Climate-Linked Projects in FY 2022

U.S. International Development Finance CorporationPress ReleaseSharm El-Sheikh, EgyptNovember 9, 2022 Announcement comes at signing of retainer letter for innovative green hydrogen project Delivering on President Biden’s 2021 call to catalyze more climate financing for developing countries, U.S. International Development Finance Corporation (DFC) today announced it committed more than $2.3 billion in climate-linked development projects during …

U.S. Government and Foundations Announce New Public-Private Effort to Unlock Finance to Accelerate the Energy Transition

Media NoteOffice of the SpokespersonNovember 9, 2022 U.S. Special Presidential Envoy for Climate John Kerry, The Rockefeller Foundation, and the Bezos Earth Fund announced a partnership today to work toward the creation of an Energy Transition Accelerator (ETA) intended to catalyze private capital to accelerate the clean energy transition in developing countries. Unprecedented investment in …

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