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South African banks are sitting on a R1-trillion renewable energy opportunity - Vimarsana News

South African banks are sitting on a R1-trillion renewable energy opportunity

Electricity usage across the country is typically split 20/80 between households and corporations or businesses. However, some sectors such as mining are cash-rich and won’t need access to credit to fund their energy supply solutions. So, a conservative estimate that corporations and businesses...

Scatec closes sale of its stake in Upington solar plant - Vimarsana News

Scatec closes sale of its stake in Upington solar plant

Renewable energy company Scatec has concluded the sale of its 42% equity stake in the 258 MW Upington solar plant for R973-million. It will, however, continue to provide operations and maintenance, and asset management services to the plants.