TAG: "South Africa"

News

EIB and DBSA Boost Support for RE Projects in Private Sector

Euro 100 million (ZAR 1.98 billion) loan from the EIB, matched by the DBSA, comes in addition to the Euro 400 million (ZAR 7.9 billion) financing announced at COP27 in 2022.

South Africa | September 13, 2024 | By News Bureau | 435

Global PV Capacity to Hit 520 GW by 2024, China Leads with 240 GW

The global photovoltaic market is set to expand significantly by 2024, driven by China, with notable growth in the US, Europe, and emerging markets. Challenges persist amid market volatility.

South Africa | September 03, 2024 | By EI News Network | 605

NDB Approves USD 2.3 Bn for Global Renewable Energy Projects

The New Development Bank has greenlit USD 2.3 billion for ten renewable projects, including solar and wind, aiming to add 2.8 GW capacity and cut 4 million tons of CO2 annually.

South Africa | August 29, 2024 | By EI News Network | 928

Veers Group and Aiko Energy Launch Solar Joint Venture

Veers Group and Aiko Energy have launched Aiko Energy SA to revolutionise South Africa’s solar sector, combining advanced solar technology with local expertise for broader market impact.

South Africa | August 28, 2024 | By EI News Network | 575

AMEA Power Achieves Financial Close on 120 MW Doornhoek Solar PV Project in South Africa

The project, valued at USD 120 million, represents the company's first operational asset in South Africa.

South Africa | June 12, 2024 | By Abha Rustagi | 805

AMEA Power Secures 20-Year PPA for 120 MW Solar Project in South Africa

The project was awarded through Bid Window 6 of the Renewable Energy Independent Power Producer Procurement (REIPPP).

South Africa | May 03, 2024 | By Abha Rustagi | 851

Vestas Secures 63 MW Order in South Africa

The contract includes the supply and installation of 14 V150-4.5 MW wind turbines, as well as a 20-year Active Output Management 4000 (AOM 4000) service agreement.

South Africa | January 01, 2024 | By News Bureau | 1241

South Africa Launches Bid Window 7 for Renewable Energy Projects

This initiative aligns with South Africa's commitment to expanding its renewable energy capacity and reducing reliance on traditional sources.

South Africa | December 18, 2023 | By Abha Rustagi | 813

South Africa’s First National Bank Initiates to Establish Solar Power Systems at its Branches

This initiative targets to ascertain uninterrupted services during load shedding and minimise the bank’s impact on the environment.

South Africa | August 08, 2023 | By EI News Network | 1416

South African Solar Power Plant Secures Financial Assurances for Green Energy Growth

To resolve these energy challenges, the Multilateral Investment Guarantee Agency (MIGA) has facilitated guarantees to BTE Renewables, amounting to up to USD 18.9 million, to cover equity investments into MBP PV (RF) Pty Ltd.

South Africa | August 05, 2023 | By EI News Network | 1230