south africa

Nedbank Limited has become the first private sector institution in South Africa to issue a Climate Bonds Certified Renewable Energy Bond.

The New Development Bank (NDB) and South African utility Eskom have signed off on a loan agreement for renewable energy Integration and a transmission augmentation project. As part of the deal, the NDB will provide a loan with sovereign guarantee to Eskom for a total of US$180 million.

Developer hired by Orion Minerals to examine the viability of building 35MW hybrid plant to power neighbouring zinc-copper site in country’s semi-arid northwest.

New Southern Energy has completed the first floating PV project located in South Africa, with the installation operating at a dam next to a fruit farm just outside of Franschhoek in the country’s Western Cape province.

IPP support in Nigeria and small-scale PV in South Africa among schemes awarded funds as institution approves broader US$440 million allocation.

Renegotiating renewable tariffs agreed in the early 2010s to help technically insolvent state utility Eskom could “dent investor confidence”, says SAPVIA.

Harmony Gold confirms discussions to build 30MW project at Welkom as analysts probe for response to price hikes and financial woes of public utility Eskom.

Remote mines, cement factories and shopping malls are a major catalyst for commercial and industrial (C&I) PV in Africa. A new survey from consultancy THEnergy aims to capture the progress so far and the scale of the opportunity to come. The firm's managing director Dr Thomas Hillig explains more, including how you can help assist the work.

Silicon Module Super League member (SMSL) Canadian Solar has established a joint venture with Chinese firm ET Energy to perform EPC services and supply modules to 132MW of solar projects in South Africa for Africa-based IPP BioTherm Energy.

Fund manager African Infrastructure Investment Managers (AIIM) has acquired majority stakes in nine new solar and wind power plants in South Africa, totaling 800MW.