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Govt now has eight weeks to decide on powership project after it clears environmental hurdle - Vimarsana News

Govt now has eight weeks to decide on powership project after it clears environmental hurdle

Karpowership SA, the company bidding to moor five powerships in South African harbours for 20 years, cleared another hurdle when its environmental assessors ruled that the projects at the ports of Saldanha Bay, Richards Bay and Ngqura could go ahead.

Source: news24.com
Energy committee votes against probe into how Karpowership SA and others won bids - Vimarsana News

Energy committee votes against probe into how Karpowership SA and others won bids

Karpowership "Shark" Class Parliament's Portfolio Committee on Mineral Resources and Energy has voted to not proceed with a proposed probe into the department of energy's Risk Mitigation IPP Procurement Programme. The proposal was submitted by DA MP Kevin Mileham but garnered no cross-party support.  The committee then passed a separate vote to say that most of its concerns around the programme had been addressed.  Parliament's Portfolio Committee on Mineral Resources and Energy has voted against a proposal to launch an investigation into how bids were awarded for a mul...

Source: news24.com
World's largest solar tech leader partners with SA PV... - Vimarsana News

World's largest solar tech leader partners with SA PV...

LONGi, a Tier 1 solar photovoltaic (PV) manufacturer listed on the Shanghai Stock Exchange, supplies more than 30GW of high-efficiency solar wafers and PV panels worldwide annually – about a quarter of global market demand. ARTsolar was established in Durban in 2010 by entrepreneurs Eshu Seevnarayan and Patrick Goss, who remain shareholders of the 100% South African-owned company. Its current PV panel production line was designed for a capacity of 300MW a year, although due to market conditions over the past five years it has been operating significantly below this level. On 19 March 2021, ...

Energy Department says 20-year contracts for floating powerships will keep prices down - Vimarsana News

Energy Department says 20-year contracts for floating powerships will keep prices down

Picture: KARPOWERSHIP The Department of Mineral Resources and Energy has defended using 20-year power purchase agreements in a programme aimed at quickly easing the country's electricity supply constraints, saying they will keep costs down.  Energy analysts have questioned the length of the agreements, in particular with regards to Turkish company Karpowership, which has bid to moor five powerships and three gas ships at three SA harbours for two decades.  A top departmental official likened the 20-year agreements to paying off a bond, saying the projects would be unaffo...

Source: news24.com
Renewable Energy: Why Africa looks likely to continue relying on fossil fuels - Vimarsana News

Renewable Energy: Why Africa looks likely to continue relying on fossil fuels

A significant number of African countries might not make a decisive leap to renewables this decade.