Tag Archives: photovoltaic
Eskom generates approximately 95% of the electricity used in South Africa and approximately 45% of the electricity used in Africa. Eskom generates, transmits and distributes electricity to industrial, mining, commercial, agricultural and residential customers and redistributors. Additional power stations and major power lines are being built to meet rising electricity demand in South Africa. Eskom will continue to focus on improving and strengthening its core business of electricity generation, transmission, trading and distribution. For more information, please visit www.eskom.co.za.
Solar power in the Middle East seems simultaneously logical with sun-scorched deserts everywhere, and illogical, all that oil, at the same time.
“African countries are increasingly focused on the potential renewable energy offers to their economies.”
Climate Investment Funds Give North Africa and Middle East Green Light for Revised Regional Solar Plan
AfDB/World Bank-supported plan to generate more than a gigawatt of power
Standard Bank Group has acted as the sole lead arranger for South Africa’s first – and only the world’s third – renewable energy bond for concentrated photovoltaic energy . The R1-billion, 16-year solar financing bond (closed on 29 April), with an 11% coupon was raised for French renewable energy firm Soitec.
Standard Bank Group has been ranked the 12th “greenest” bank in the world and the cleanest in Africa by Bloomberg Markets.