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.
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.
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.
China-based PV module manufacturer Jiangsu Seraphim Solar System Co (Seraphim) has started production at its module assembly plant in Eastern Cape, South Africa to circumvent recently imposed import duties by India on China produced modules.
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.
China-based PV module manufacturer Jiangsu Seraphim Solar System Co said it was in trial production of a new fully-automated 300MW Joint Venture (JV) solar module assembly plant in Eastern Cape, South Africa.
Africa-focused independent power producer Globeleq is to acquire Brookfield Asset Management’s interests in a South African renewable energy portfolio, involving six projects with a cumulative capacity of 178MW.
South African utility Eskom and German Development Bank KfW have signed a US$100 million (~R1.35 billion) loan facility that will go towards improving the transmission network to support grid integration of renewable energy projects after 27 power purchase agreements (PPAs) were signed in April.