Search results for “Ramaphosa”

Ramaphosa offers optimism for South African solar

Although lobbyists will be dismayed a 1 GW annual cap on PV will remain, the indications are it will disappear after 2030 – if not before – and renewables appear to have become a more attractive proposition than nuclear, as coal is phased out.

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Globeleq acquires 53 MW solar portfolio in South Africa

Globeleq bought the solar plants — which are part of a bigger portfolio that includes wind farms — from an affiliate of Brookfield Asset Management. It said that in the coming weeks it will also reach financial close on another 66 MW solar installation, pushing the PV portion of the acquired portfolio up to 119 MW. It currently holds 238 MW of combined solar and wind capacity in South Africa.

South Africa’s carbon tax could lift its PV industry

The nation appears ready to join the ranks of global solar protectionists but any fears about its energy transition may be dampened by the introduction of one of the world’s first true carbon levies – provided emitters are not afforded too many loopholes.

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South Africa considers petition calling for tariffs on imported solar modules

The complaint was submitted to the country’s International Trade Administration Commission by domestic module maker ARTsolar, which points out South Africa does not have anti-dumping duties to protect its manufacturers.

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A specter is haunting South Africa, renegotiation of PPAs signed between 2011 and 2012

As national utility Eskom faces a financial and operational crisis, rumors are spreading that the government may ask independent power producers to renegotiate the tariffs of PPAs awarded in the first two rounds of its renewable energy program. South African solar association SAPVIA has already given short shrift to the idea.

South Africa’s load shedding nightmare may vanish with more renewables

As utility Eskom starts load shedding due to power plant failure, the 4 GW of wind and solar in the country are helping reduce energy shortages. Blue Horizon Energy Consulting Services’ Chris Ahlfeldt tells pv magazine renewables – rather than Eskom’s plans to expand conventional generation capacity – would provide a safer, cheaper solution to the power crisis.

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South African renewables may be boosted by plan to privatize utility

President Cyril Ramaphosa has announced a plan to rescue state-owned power company Eskom by separating it into three units. According to consultants Frost & Sullivan, although that may not be enough to completely address the utility’s financial crisis it may further encourage investment in renewables.

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Scatec Solar raises the stakes in South African PV

Norwegian developer Scatec has upped its holding in three operational PV projects in South Africa. Each of the plants is operating under a 20-year PPA with utility Eskom. Scatec’s investments in the country are secured by guarantees from the World Bank Group.

Solar to account for 9% of new energy capacity in Africa in next 2 years

An Africa power sector scorecard shows that solar will make inroads into the African energy sector over the next two years, accounting for 9% of new capacity additions, as renewables uptake across the continent continues to grow.

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Canadian Solar, ET Energy to build 132 MW of solar in South Africa

Canadian Solar Inc. and ET Energy will deliver EPC services to two large-scale solar PV projects totaling 132 MWp for South Africa’s BioTherm Energy.

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