Standard Bank Spearheads the power market liberalisation in South Africa with more than 500MW

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 67%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Standard Bank has over the last two years significantly expanded its support of decentralised energy to more than 500MWs of new capacity under construction in South Africa.

In response to the growing trend of energy procurements amongst some of South Africa’s leading industries, including mining, industrial and consumer sectors, Since restrictions were lifted on independent power production for businesses, there has been an increased investment trend in decentralised power procurement.

Decentralised energy refers to energy solutions that are generated and consumed locally, rather than relying solely on the national grid. It could also include wheeled power, with IPPs selling to corporates directly through a PPA. Notable projects included the Sola Group and African Rainbow Energy and Power, where the financing a solar PV plant at African Rainbow Minerals’ platinum mining operations, delivering 270GWh of carbon-free electricity annually through a 20-year power purchase agreement.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 11. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Top companies in South Africa offering big bursaries for 2025 – including Standard Bank, Amazon and moreMany of South Africa’s biggest employers offer funding to undergratdate and postgraduate students.
La source: BusinessTechSA - 🏆 24. / 61 Lire la suite »

South Africa: Chinese E-Commerce Companies Popular in South AfricaRotondwa Mbadaliga is a self-professed 'shopping addict.' The 25-year-old South African fashion influencer says she is a huge fan of Chinese-linked e-commerce companies Shein and Temu because she can get the latest trends at the cheapest prices delivered straight to her door.
La source: allafrica - 🏆 1. / 99 Lire la suite »