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An image of ENGIE South Africa engineering head Seshni Naidoo

Emerging solar tech crucial in energy mix

Published: 06 Sep 24

Solar power integration, through PV, concentrated solar power (CSP) technology in specific applications, and hybrid solutions including battery energy storage systems (BESS), is crucial in South Africa’s energy mix as global energy demands continue to rise, says independent power producer (IPP) ENGIE South Africa engineering head Seshni Naidoo. She emphasises that solar energy is crucial in ensuring a sustainable, secure and affordable energy supply for South Africa while complementing other renewable and conventional energy sources.

An image of Standard Bank power head Rentia van Tonder

Competitive energy sector drives innovation

Published: 06 Sep 24

The competitive landscape for utility-scale renewable energy has significantly changed over the past decade, with developers driving more aggressive funding terms to remain competitive, says financial institution Standard Bank power head Rentia van Tonder. The shift in the competitive landscape has resulted in more investors and developers competing for projects. Therefore, financing solutions need to be innovative, consequently forcing financiers to consider different risk allocations as the market matures and be more adaptable to change, she explains.

UK govt financier pledges $35m towards construction of DRC deep-water container port

Published: 06 Sep 24

British International Investment (BII) says it has committed up to $35-million for the construction of the initial phase of the Democratic Republic of Congo’s (DRC’s) first deepwater container port. BII is the development finance institution of the UK government.

Sanral announces start of new R2.2bn phase of the N2 Wild Coast Road project

Published: 06 Sep 24

South African National Roads Agency Limited (Sanral) CEO Reginald Demana has announced the start of Package 4 of the N2 Wild Coast Road (N2WCR) project in the Eastern Cape. The R2.2-billion phase of the project will be rolled out by the WBHO-Edwin Construction Joint Venture.

An image of solar panels at the Eastgate Shopping Centre

Investment company on track to meet net-zero energy goals

Published: 06 Sep 24

As part of its ambition to achieve Landlord Scope 1 and 2 Net-Zero Carbon by 2030 as well as implement sustainable practices, property investment company Liberty Two Degrees (L2D) has successfully implemented portfolio-wide energy management improvements, says sustainability lead specialist Brian Unsted. With this in mind, the company boasts total installed solar capacity of 13 MW across its portfolio, compared to 3 MW in 2022. The company also met its 2023 target of sourcing 3% of its portfolio’s energy baseload from renewable-energy sources, achieved through implementing onsite solar energy production.

What is the new Defence Minister to do about the SANDF?

Published: 06 Sep 24

That the South African National Defence Force (SANDF) is badly underfunded, and is in a state that could reasonably be described as verging on crisis, is almost universally accepted among all those who are interested in the country’s defence capabilities and by the local aerospace and defence industries. The Department of Defence (DoD), albeit hardly a disinterested party in the matter, has calculated that it is underfunded by 50%. (This estimate was made some years ago, baselined on the roles ...

Ogihara SA breaks ground on new R1.2bn auto body-part plant in Durban

Published: 06 Sep 24

CFAO South Africa (SA) subsidiary Toyota Tsusho Africa and Ogihara Thailand have started construction of a new R1.2-billion plant that will produce vehicle body parts for Toyota South Africa Motors (TSAM). The JV will be known as Ogihara SA, with the plant located in the Dube TradePort (DTP), in Durban.

Turquoise Ridge Complex, US

Published: 06 Sep 24

A gold mine about 64 km north-east of Winnemucca, Humboldt County, Nevada.

Private train operators could access Transnet's rail network by April 2025, says business development exec

Published: 05 Sep 24

State-owned Transnet Group chief business development officer Yolisa Kani has said calls for applications for private train operators wanting to access the freight rail network are likely to open early next year. Reform of rail legislation means that it is likely that private train operators will be able to access the rail network by April 2025, she noted during a stakeholder engagement event hosted by Transnet alongside the South African Chamber of Commerce and Industry, on September 5.

Barloworld Equipment's new dealership in Botswana

Barloworld opens new dealership in Botswana

Published: 05 Sep 24

Original-equipment manufacturer Barloworld Equipment Southern Africa has inaugurated a new dealership facility in Phakalane, Botswana. Barloworld Equipment has had a presence in Botswana since 1964, supporting key industries and contributing to the development of the country’s infrastructure. The new facility is aimed at further enhancing its capacity to serve the Botswana mining, construction, energy and transportation sectors.