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Investegate |South32 Limited Announcements | South32 Limited: Energy Supply Agreement For Hillside Aluminium
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Allowing companies to produce up to 100MW may not be SA s panacea
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Fresh uncertainty?
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One warning raised amid the euphoria generated by President
Cyril Ramaphosa’s June 10 announcement that Schedule 2 of the Electricity Regulation Act would be amended to increase the licence-exemption cap from 1 MW to 100 MW and to allow for electricity wheeling and trading was that the registration of embedded-generation projects should not morph into quasi-licensing.
Traffic hike for municipality
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Cape Business News
July 6, 2021
CBN Audio:
Legal experts warn much will depend on new regulations due by 10 August, but are cautiously optimistic about the country’s future after President’s 100MW announcement
It will take more than an announcement and a flick of a switch for South Africa’s energy woes to be resolved. But once projects get going under the new regulations, the country’s economy is likely to boom.
This is the view of Bridgett Majola, Partner: Banking & Finance, and Gavin Noeth, Senior Consultant: Infrastructure & Projects, both from international law firm CMS South Africa, who represent finance companies and other players in the energy industry.