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You are here: Home / Archives for renewable energy

renewable energy

24 December 2024

Deputy President wishes nation a safe festive season

Location: News

Deputy President wishes nation a safe festive season

Deputy President Paul Mashatile has urged all road users to adhere to the rules of the road as holiday makers travel around the country, to ensure a safe festive season.

“[We] urge those who are driving during this period to please adhere to the rules of the road. Don’t drink and drive, no speeding, wear seat belts and take time to rest when driving long distances. We want everybody to arrive alive at their destinations,” he said in a recorded message to the nation. 

Deputy President Mashatile called on all citizens not to partake in excessive alcohol use during the holiday season.

“During the festive season, we must be mindful of alcohol and substance abuse. While celebration brings joy, it can also lead to overindulgence and unhealthy behaviours.

“Excessive drinking can impair judgment and cause accidents, especially on the roads. Alcohol and substance abuse can cause conflicts, leading to strained relationships in families.

“We urge all South Africans to remain responsible this festive season not to drink and drive. Drinking and driving endangers the lives of passengers, pedestrians, and other road users,” he said.

Deputy President Mashatile appealed to communities to remember the less fortunate over the festive season.

“As we celebrate…let us remember the families who are grieving the loss of their loved ones during the year. Let us also remember those who died on our roads; those who were victims of crime; and those who succumbed to various illnesses.

“To those who are in hospitals, we extend our best wishes and speedy recovery. We should remember those who are the less fortunate and share whatever we have with them so they too can feel the love and compassion as we engage in festivities,” he said.

Tackling challenges

Reflecting on the year that was, the Deputy President described 2024 as a significant one for the country.

“The year 2024 was an important year to all South Africans as we celebrated 30 years of democracy. South Africans were engaged in many activities that continued to make our democracy vibrant and make us remain a resilient nation.

“This year was also in some respect a turbulent one for many South Africans with wavering events that tested our resilience and unity as a nation. I would like to thank all South Africans for having participated in free and fair elections on the 29th of May this year. The outcome of this election sent a clear message to political parties in Parliament to work together to find solutions to the problems that our people are facing,” he said.

Deputy President Mashatile acknowledged the current economic challenges facing the country.

“Our economic challenges remain a constant feature in our struggle to reduce the cost of living. We remain committed to bringing under control the rising cost of transport, electricity and the cost of food that has become a huge burden to many South Africans.

“The Quarterly Labour Force Survey for the third quarter of 2024 showed a significant decrease in unemployment, yet millions remain unemployed.

“According to a World Bank report, our nation continues to be one of the most unequal societies in the world,” he said.

He assured that government is working on and implementing solutions to those challenges.

“Government is implementing plans to ensure inclusive economic growth to create jobs and has invested significantly in the social wage package to reduce inequality and address the worst effects of poverty.

“This package includes free basic services - health, education, and social housing for the poor, as well as extensive social security grants for the elderly and other vulnerable groups in our communities,” he said.

The Deputy President gave a nod to government’s “intensified efforts to attract investment by raising investor’s confidence in the economy”, the efforts to end load shedding and government’s work to resolve other challenges.

“This is the first winter that we spent without load shedding in five years. We thank the men and women in the Public Service for their hard work. We also thank the private sector for their contribution as we continue to keep the lights on and invest in Renewable Energy as we move towards the Just Energy Transition (JET).

“President Cyril Ramaphosa has established the Water Task Team this year to address water challenges in various parts of the country. 

“Government has also intervened to deal with the problem of illegal spaza shops and selling of illicit goods and food to communities. Many were affected by food- borne illnesses that saw many children lose their lives. Government has also adopted stringent measures to combat crime, corruption and also curb the illegality of Zama-Zamas,” he said.

On Gender Based Violence and Femicide, Mashatile urged communities to work with government to root out the scourge.

“We recently concluded the 16 Days of Activism for No Violence Against Women and Children, which underscores our collective responsibility to combat the scourge of Gender Based Violence and Femicide.

“However, sixteen days are not enough; we must come together as communities to address and combat GBVF throughout the entire year. We commend men who are participating in the “BETTER MAN 4 TOMORROW” campaign and stood up to commit against GBVF, HIV/AIDS, TB and STI’s. We urge more men to partake in this campaign,” the Deputy President insisted.

Reflecting on the good

Mashatile took time to acknowledge the efforts of South Africans from all sectors who contributed to raising high the national flag.

“Let me extend our gratitude to the civil servants and frontline workers who have worked tirelessly throughout the year. We also wish to pay tribute to thousands of matriculants who are awaiting their results. We are confident that you have done your best and will make us proud.

“Team South Africa represented the nation at the 2024 Olympic and Paralympic Games in Paris, France, and won six medals. The Springboks are now ranked number one in Men’s Rugby in the world and Bafana-Bafana have qualified for the Africa Cup of Nations. We are also closing the year on a high note, celebrating the historic double victory of the South African Women (SPAR Proteas) and Men’s Netball Teams.

“We also congratulate Tyla for winning a Grammy Award and applaud her contribution towards making South Africa to be recognised on this global platform,” he said.

The Deputy President wished the nation happy holidays as the year draws to a close.

“I urge every one of us to continue to work together to build a truly non-racial, non-sexist, and prosperous South Africa, united in our diversity.

“On behalf of the South African government, I wish you a merry Christmas and prosperous New Year,” Deputy President Mashatile concluded. – SAnews.gov.za

 

NeoB
Tue, 12/24/2024 - 10:23

83 views
Read moreDeputy President wishes nation a safe festive season
23 December 2024

Preferred bidders chosen for renewable energy bid windows

Location: News

Preferred bidders chosen for renewable energy bid windows

Eight solar PV projects – with a combined contracted capacity of some 1 760MW – have been appointed as preferred bidders under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Bid Window 7.

A further eight projects have also been appointed through the Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP) Bid Window 2.

REIPPPP Bid Window 7

The Department of Electricity and Energy on Monday said the eight solar projects were appointed from a pool of some 48 bid responses.

“Total investments from the eight Solar PV Preferred Bidders in this Bid Window is R31.4 billion. South African Equity Participation of 49% across all the Preferred Bidders and average Black Economic Empowerment participation of 46% have been committed in this Bid Window,” the department said.

Some 6 971 job opportunities – measured in job years – are expected to be created through the projects.

“These projects will allocate 38.8% of their total project costs to local content, equating to R7.8 billion during construction and R2.4 billion during the operation and maintenance phases.

“The preferred bidders have also undertaken to invest R3 billion in Black Enterprise Procurement, R2 billion in B-BBEE Procurement on Qualifying Small Enterprises (QSEs) and Exempt Micro Enterprises (EMEs), and an additional R333 million in B-BBEE Procurement, specifically for black women. 

“Furthermore, the preferred bidders have undertaken to spend a total of R73 million in Enterprise Development, R129 million in Socio-Economic Development, and R138 million in Skills Development initiatives over the lifetime of the projects,” the department said.

BESIPPPP Bid Window 2

The department said it received 31 bid responses for BESIPPPP Bid Window 2, with the eight chosen bidders coming with a combined total investment of some R12.8 billion.

“The eight preferred bidders have committed to 41% black shareholding in the IPP Project Companies, up to 27% shareholding by construction contractors, and up to 36% in operations contractors. 

“The preferred bidders have committed to creating a total of 1 570 job opportunities for RSA citizens – measured in job years – during construction and operations. 

“These projects will allocate 31% of their total project costs to local content, equating to R2.6 billion during construction and R2.5 billion during the operation and maintenance phases,” the department said.

A further R1.8 billion will be invested in Black Enterprise Procurement, R1.4 billion in B-BBEE Procurement on Qualifying Small Enterprises and Exempt Micro Enterprises, and an additional R659 million in B-BBEE Procurement, specifically for black women.

“The preferred bidders have also committed to spend R316 million on supplier development, skills development, bursaries for black students, skills development for black disabled people, and socio-economic development initiatives over the lifetime of the projects,” the department concluded. – SAnews.gov.za

NeoB
Mon, 12/23/2024 - 13:08

37 views
Read morePreferred bidders chosen for renewable energy bid windows
13 December 2024

Call to expand SA-Angola trade and investment 

Location: News

Call to expand SA-Angola trade and investment 

President Cyril Ramaphosa has called for the expansion of bilateral trade and investment between South Africa and Angola.

“During our official engagement, we reached a shared understanding that significant opportunities exist to further strengthen and expand our bilateral trade and investment relations,” President Ramaphosa said on Thursday.

The President made the remark during the South Africa-Angola Business Forum held at the CSIR International Conventional Centre in Pretoria. This as he hosted his Angolan counterpart, President João Manuel Gonçalves Lourenço, who was in South Africa for a State Visit at the Union Buildings earlier in the day.

READ | SA, Angola deepen ties

Speaking at the inaugural South Africa-Angola Business Forum, President Ramaphosa said it was heartening and encouraging to see a broad representation of business from the two countries. 

“This is in itself a solid demonstration of confidence; confidence in the strength of the region’s two largest economies; confidence in the potential that exists for deepening trade and investment ties; confidence that the governments of both countries are taking the necessary steps to ensure that the business operating environment is improved so investments can be safe and secured,” the President explained.

The first citizen said in his engagements with President Lourenço and the respective delegations, a wide array of critical political, economic and social issues of mutual concern were discussed.

More than 20 South African entities are already investing in Angola in a range of sectors including rail, agriculture, industrial parks, oil refineries, manufacturing, IT, financial services and logistics.

“By way of example, the Development Bank of Southern Africa is financing port development, railway rehabilitation, oil and gas infrastructure and renewable energy development in Angola. 

“The Export Credit Insurance Corporation of South Africa has also maintained a healthy pipeline in Angola in infrastructure development, and the Industrial Development Corporation is involved in financing the Cabinda Oil Refinery and the Cabinda phosphate project. We would like to see substantially more Angolan FDI [foreign direct investment] inflows into the South African economy,” said President Ramaphosa.

In addition, between 2003 and 2024, “only a handful” of Angolan companies were investing in South Africa in communications, financial services and the metal sector.

With respect to trade, though South Africa’s exports to Angola have grown by approximately 11% since 2019, they account for just 3% of Angola’s total imports. 

South Africa’s imports from Angola have declined by some 19% since 2019.

“Casting the net wider presents immense possibilities for improving both trade and investment flows. South Africa is pursuing an ambitious economic development agenda based on export-led industrialisation.

“We seek to revitalise our industrial base, modernise our infrastructure network, and strengthen logistics and supply chain connectivity with the rest of the continent,” President Ramaphosa said, noting that this presents opportunities for cooperation in various sectors such as agriculture and agro-processing, energy and rail rolling stock.

Energy and infrastructure development

On energy matters, the President said the rapid growth of key clean energy manufacturing industries, as part of the global transition to a low-carbon economy, is an area that must be explored urgently. 

“The global energy transition offers new opportunities to upgrade and diversify into technology-intensive global value chains. The transition to a low-carbon economy therefore presents scope for collaboration around critical minerals, specifically with regards to value addition and beneficiation.”

The President said infrastructure development that unlocks intra-Africa trade is a priority.

“We must build on the work already underway on the Lobito Corridor to create sustainable industries in the region. South Africa is ready to partner with Angola in the development of strategic corridors, including the Central, North and South Corridors, with the aim of transforming them into dynamic economic infrastructure projects that can promote growth.”

Cutting red tape

President Ramaphosa called on business and government to use the forum proactively.

“As government and business, we must use this forum to engage proactively around not just the possibilities that exist, but also how to resolve the challenges in the business operating environment. Companies in both Angola and South Africa have challenges that make it difficult to do business.

“Stringent business visa requirements, high export costs, onerous import processes, taxation issues and bureaucratic red tape are just some of these. 

“We must be able to emerge from this forum with a clear understanding of what the main challenges are and what steps will be taken to facilitate greater market access on both sides.

“Promoting greater economic growth for the benefit of Angola and South Africa necessitates that we are agile, adaptable and responsive as both the public and private sectors,” he said. - SAnews.gov.za

Edwin
Fri, 12/13/2024 - 09:42

297 views
Read moreCall to expand SA-Angola trade and investment 
13 December 2024

African Development Bank Celebrates 60 Years of Transformative Impact in Africa Southern Region

Location: News
African Development Bank Group (AfDB)

The African Development Bank (AfDB) (www.AfDB.org) proudly celebrates its Diamond Jubilee, marking 60 years of driving social and economic transformation across the African continent. The Southern African regional celebration, held in Johannesburg, brought together leaders, stakeholders, and partners to reflect on the institution's remarkable journey and its vision for a prosperous future.

Speaking at the event, Ms Leila Farah Mokaddem, Director General of the African Development Bank Group, highlighted the Bank's legacy of impact and transformation. "Sixty years ago, the African Development Bank was born out of a vision for a better Africa. Today, we celebrate not just numbers but the lives transformed and communities uplifted through our work," she said.

Key Achievements in Southern Africa

With an active portfolio of 226 projects worth USD 11 billion, the Bank's unwavering commitment to fostering sustainable growth and integration in Southern Africa is evident. Notable achievements include:

  • SADC Sub-Regional Transport and Facilitation Project: A USD 231.3 million investment connecting Malawi and Mozambique, fostering trade, and mitigating regional fragility.
  • Lesotho Highlands Water Project: A USD 2.1 billion initiative enhancing water transfer and hydroelectric power, essential for energy security.
  • Kazungula Bridge Project: A USD 81.6 million investment strengthening connectivity between Zambia and Botswana along the North-South Corridor.
  • Support for Transnet: A recent USD 1 billion sovereign-guaranteed corporate loan to aid South Africa's freight transport recovery and growth.

The celebration also underscored the deep partnership between the Bank and the Government of South Africa. Honourable Minister Enoch Godongwana shared his reflections on this enduring collaboration:

"The Government of the Republic of South Africa celebrates this significant milestone with the African Development Bank. Our region, and indeed South Africa, continues to enjoy a fruitful partnership with the Bank as we work together toward a shared goal of creating a better Africa for future generations.

As we gather to celebrate the many achievements of our collaborative efforts, we also recognise the need to continue advancing Africa's development agenda. This milestone energises us and strengthens our commitment to a shared vision for the next 60 years!"

Looking Ahead: A Vision for the Future

As the Bank embarks on its new Ten-Year Strategy, it prioritises integrated regional projects and climate resilience. Projects like the Lobito Rail Integrated Corridor, connecting Angola, DRC, and Zambia, promise to drive economic growth, agriculture value chains and renewable energy investments.

"Our work is far from over," Ms Mokaddem noted. "We invite all partners—governments, private sector actors, and international institutions—to join us in building a more inclusive and sustainable Africa. Together, we can address climate-related challenges and mobilise resources to ensure no one is left behind."

A Commitment to Africa's Development

Under the leadership of President Dr Akinwumi A. Adesina, the Bank has maintained its AAA rating and authorised capital of USD 318 billion, with nearly 2,000 staff serving all 54 African countries. The institution continues to champion its “High 5s” priorities: lighting up and powering Africa, feeding Africa, industrialising Africa, integrating Africa, and improving the quality of life for the people of Africa.

The 60th-anniversary celebrations are a testament to the Bank's resilience and the enduring support of its partners. The African Development Bank remains steadfast in its mission to transform lives and catalyse growth across the continent.

To view our anniversary video that encapsulates these achievements and our vision for the future, please click here: Anniversary Video (https://apo-opa.co/4g8Y2s3).

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media contact:
Natalie Naudé,
Communication and External Relations Department
n.naude@afdb.org

Join the Conversation:
#AfDB60 #AfricaRising #EconomicTransformation #MakingADifference

About the African Development Bank Group:
The African Development Bank Group (AfDB) is the premier multilateral financing institution dedicated to Africa's development. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NSF). The AfDB has a field presence in 41 African countries, with an external office in Japan, and contributes to the economic development and social progress of its 54 regional member states. For more information: www.AfDB.org

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10 December 2024

Neosun Energy Completed a New 1 MW Solar Station in South Africa

Location: News

December, 10 – South Africa, Global EPC company Neosun Energy completed the installation and launched the Commercial Solar Station for Dayizenza Mall in Nelspruit, South Africa. Recently the company announced the design and construction of a grid-tied solar PV plant with a total capacity of 1 MW, marking a significant milestone in its commitment to …

Read moreNeosun Energy Completed a New 1 MW Solar Station in South Africa
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