One of the SADC’s regions leading banks has listed a new ten-year bond of R1.4-billion on the Sustainability segment of the JSE – the proceeds will be used to finance renewable energy projects in South Africa, to help accelerate the much-needed energy transition.
With the rapidly developing power sector, Eskom has discussed the initiation of an auction process to release land in the coal-rich Mpumalanga province, based on 20-year lease agreements for renewable electricity generation by independent power producers. Projects below 100MW can now be built and traded without a generation license. These current developments are landmark decisions that are set to not only create jobs but improve the lives of all South Africans.
MEB bringing intricate renewable energy projects to life and believe in the continued growth of all our local staff, keeping them at the forefront of current developments, to enable the seamless planning and design of all our turnkey projects in Southern Africa.
Don’t hesitate, contact our team to answer all your questions on the financing, engineering, procurement, and construction of renewable energy projects.
