Energy

Just Energy Transition Yields Investment Opportunity in RSA Renewables

The Just Energy Office was established to provide energy security and mobilising funds into renewable energy projects. (Image source: Synergy Consulting)

In 2021, the Just Energy Transition Partnership was formed between South Africa, the UK, EU, France, Germany and the US at COP26, which saw member nations pledge contributions of US$8.5bn to be deployed over the next three to five years for the transition from fossil-based energy to renewable energy and help South Africa in its decarbonisation efforts

Zest WEG poised for African growth

The WEG IE4 super premium efficiency motor will be highlighted at Electra Mining Africa 2022. (Image source: Zest WEG)

Zest WEG, the South African subsidiary of Brazil’s WEG Group, is well placed to extend its already extensive footprint in the African market with six manufacturing facilities producing a wide range of equipment including gensets, transformers, electrical panels, E-Houses, MCCs and mini sub-stations

Eskom announces service providers for flagship BESS project

The battery storage sites are strategically situated at remote areas with limited access to distribution networks, but close to renewable independent power producers’ (IPPs) plants. (Image source: Adobe Stock)

Eskom has awarded contracts to Hyosung Heavy Industries and Pinggao Group for the provision of battery storage solutions in terms of its Battery Energy Storage System (BESS) project

VoltStorage receives capital boost to develop larger-scale redox flow storage systems

VoltStorage recently commissioned a commercial storage demonstrator based on vanadium redox flow technology. (Image source: VoltStorage)

VoltStorage GmbH, a company aimed at the development and production of energy storage systems based on environmentally friendly redox flow technology, has received EU€24mn (approx. US$24.5mn) in Series C financing from Cummins

Minerals Council South Africa supports Ramaphosa’s energy overhaul plans

The plans aim to encourage greater private sector participation to urgently install electricity generation capacity. (Image source: Adobe Stock)

After President Cyril Ramaphosa detailed plans to resolve South Africa’s electricity shortage, the Minerals Council South Africa has come out in full support