Industrial Development Corporation (IDC) CEO Geoffrey Qhena expressed confidence on Tuesday that projects that had been adjudicated under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) would proceed, despite the recent resistance shown by Eskom to signing a power purchase agreement (PPA) for a Northern Cape concentrated solar power (CSP) plant. Speaking at the release of group annual results, Qhena noted that it had approved R360-million to Pele Green Energy to support its participation in the 100 MW Redstone CSP project, which is being developed together with ACWA Power, of Saudi Arabia, and Solar Reserve, of the US.
The Industrial Symbiosis (IS) Programme delivered by the National Cleaner Production Centre of South Africa (NCPC-SA) at the Council for Scientific and Industrial Research (CSIR) campus has proven to be important in the creation of several synergies that are providing effective recycling opportunities for businesses in, for instance, the production and logistics sectors.
Public Enterprises Minister Lynne Brown said on Tuesday she had asked State-owned power utility Eskom to immediately provide a report required by the Treasury, which is investigating the utility's coal contracts. Brown said she was concerned a public row between the Treasury and Eskom could lead to the utility being downgraded by credit rating agencies.