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Banks work behind the scenes to keep the lights on

While the Reserve Bank has flagged rolling blackouts as a huge risk to the economy, big banks in particular are working to ensure business continues uninterrupted.

South africaEastern capeSouth africanShaun moodleyArvana singhKyle durhamIsola groupRenewables south africaTronox holdings south africanFirst national bankTask force on climateRenewable energy independent power producer programmeNedbank corporate investment bankingDaily maverickTask forceClimate related financial disclosures

First two wind projects of Bid Window 5 reach financial close

The projects valued at R7.7 billion and with a capacity of 280MW are expected to be constructed and online before November 2024.

South africaNorthern capeSouth africanAbsa shaun moodleyNational gridRenewable energy independent power producer procurementBid windowSan kraalEastern capeShaun moodleyPower purchase agreementBlack economic empowermentLoad shedding

Absa funds South Africa s first utility scale renewable energy captive power project

Absa funds South Africa s first utility scale renewable energy captive power project
businesstech.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstech.co.za Daily Mail and Mail on Sunday newspapers.

South africaEastern capeShaun moodleyTronox holdings plc south africanSola group of south africaIsola groupTronox holdings plcSouth africanProject financeWestern cape

Absa funds utility scale renewable energy captive power project

Absa funds utility scale renewable energy captive power project
it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.

South africaEastern capeShaun moodleyTronox holdings plc south africanSola group of south africaIsola groupTronox holdings plcSouth africanProject financeWestern cape

TAKE A LOOK | This R11bn salt tower will power many households in SA

Share A rendition of what the CSP Redstone Molten Salt tower will look like. Credit: ACWA New details have been released about the concentrated solar power (CSP) plant that will be built 30km east of Postmasburg in the Northern Cape. It will be the first of its kind in Sub-Saharan Africa. The project is being developed by Saudi-based ACWA Power, which won a bid as part of the South African Renewable Energy Independent Power Producers’ Procurement Programme (REIPPPP). Construction has already started on the R11.5 billion project, called the Redstone CSP Tower. It is expected to generate 100MW in electricity – and power more than 210 000 households during peak demand periods, according to Investec, which along with Absa, arranged financing for the project.

Northern capeSouth africaSaudi arabiaSouth africanAbsa shaun moodleyBernard geldenhuysInvestec bankSenior transactorShaun moodleyவடக்கு கேப்சவுதி அரேபியா